Leave of Absence Information

Approved Leave of Absence (ALOA) – Important Federal Student Loan Information


If you submit the appropriate documentation and are approved for an Approved Leave of Absence (ALOA), your federal student loans will remain in deferment.

If you fail to return from your ALOA and withdraw from the University, or if you extend your leave beyond to longer than six months, we are required to report you as "withdrawn" to your loan servicers.

How will this affect you?

  • Your loans will no longer be in an "in-school deferment" and instead your loans would move to "grace period".  When you graduate, withdraw from school, or drop below half-time enrollment status you will have six months before your first payment is due on your subsidized and unsubsidized loans. This is called a grace period.
  • You must complete the interactive National Student Loan Data System (NSLDS) Exit Counseling Session on-line by signing into your account at studentloans.gov . Once you are signed in, click "Complete Counseling" and then click on the "Exit Counseling" link to complete your online session. Please note you must complete your Exit Interview within 30 days of separation.
  • If you have subsidized loans, you will not be charged interest during your grace period. If you have unsubsidized loans and/or Grad PLUS loans, you are responsible for the interest that accrues during the grace period. 
  • If you allow your six-month grace period to elapse after leaving school, your loans will not be eligible to receive a new grace period in the future. Any prior loans that you may have borrowed and already used the initial grace period will automatically go into repayment upon receipt of your new enrollment status.
  • Your grace period begins as of the date your leave began, not the date you notified us to extend your leave or notified us that you are withdrawing.
  • If you have any PLUS loans that were disbursed prior to July 1, 2008, they do not qualify for a six-month grace period, and will go into repayment immediately. If you are unable to begin making payments on these loans right away, contact your loan servicer to discuss options for postponing repayment on these loans.
  • If you are having trouble making your scheduled monthly payment, there are options to help. You may be able to lower your monthly payment by changing to a different repayment plan or you may be able to temporarily postpone your payments through deferment or forbearance.
  • If you apply for a deferment or forbearance, you must continue to make payments until you have been notified that your request has been approved.
  • Grace period terms for private loans may be different; contact your private loan servicer(s) if applicable.
  • To obtain information on the many repayment options available please access the following link: studentaid.ed.gov

** You may have already received a disbursement for the term you are taking an ALOA.  Please note that any refund you may have received is intended for weeks of actual enrollment and not for this period while on the Leave of Absence.  If you do not return from the Leave of Absence you may be required to return a portion of that refund.

If you have any questions or need more counseling, please do not hesitate to contact your Financial Aid Counselor.