Student Loan Deferment
Students in at least half-time status qualify for in-school loan deferment. Most enrolled students at South Dakota Mines will have paperless electronic deferments automatically processed by their loan holders, if they are enrolled at least half-time. However, it is possible that the loan holder or servicer could send you a deferment form with a section that needs to be completed by the Registrar's Office. You can email the form to registrar@sdsmt.edu or stop by the Registrar's Office with the form.
If you are still in school and receive a repayment letter, you should contact the loan holder or servicer to verify that the deferment has been processed. You can access the National Student Clearinghouse Loan Locator service through Self-Service Banner (select Students Menu and then Click here for Enrollment Verification) to find out who your lenders are and how to contact them. If the deferment has not been processed, contact the Clearinghouse to request assistance.
Active Duty Military Deferments
If you are on active military duty, including reservists, you may not be required to make student loan payments while you are deployed.
If you have an outstanding student loan and are, or soon will be, on active military duty, you should contact your lender to inform them about your active duty status and find out what options are available to you while you are on active military duty. If you have taken out loans, even if they are not yet in repayment, you must take action. Otherwise your loans will automatically move to repayment while you are away. Your personal copy of your student loan records is the best place to identify all your lenders and their contact information.
You can access the National Student Clearinghouse Loan Locator service through Self-Service Banner (select Students Menu and Click here for Enrollment Verification) to find out who your lenders are and how to contact them. Provide your lender with a copy of your military orders.