As long as you are in school and you fill out your FAFSA or send in the correct paper work, then your loan will be deferred.
most of the time you can, you need to check the details and/or ask at the financial aid office. I deferred my stafford and perkins loans from undergrad all the way through med school and most of my residency with zero interest accumulation. it may not be possible for private student loans nor would it be financially smart since the interest starts at day one. be very careful with the exact terms of interest deference as a small loan could turn into a gigantic one after many years of deferring payments and interest.
First of all, is the loan you are taking out a federal or private loan? In order to ensure benefits like in-school deferment, you must apply for the Federal Stafford or Perkins Loan. It is also a good idea to consolidate your loans after under-graduate to lock in the lowest rate possible. That way, while you're in law school, your interest rate will not be raised.
For more information on federal loans, check out the source below. You can also message us at studentaidlending.
Good luck, I hope this helps!
If you get a federal loan their are several different loans-subsidized and unsubsidized-the subsidized loan interest gets paid by the government while you are in college and unsubized loan interest is paid by you(about 153.00 a month)while you attend college-but you do have the choice to defer interest til after graduation-but you will be paying back 500-600.00 more after you graduate than if you paid interest while attending school. As with federal loans you have 6 months after graduation to start paying them back.
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