Im only going to spend 1 year in Ohio, then Im going to move back to CA and resume school.
My question is: DO I have to pay my loans that I got in CA, if I wont be attending that school for a year? Do I let my lender in CA know that I will be attending school in Ohio?? I just dont wanna make payments on my loans cause Im in school for another 4 years…lol
Your responsibilities to the lender in this context are:
1) Inform your first lender that you have moved.
2) Apply for a deferment if you won’t be paying now. With Sallie Mae, it is easy, you can get the forms from thier website or you can call them. You will probably need to have your status of being in school taking a certain amount of credits certified. That’s all done on the form, if my recollection is correct.