HPSL - Cancellation & Deferment
Location: 1st Floor Howes Street Business Center
Mailing Address: 6024 Campus Delivery, Fort Collins,CO 80523-6024 Physical Address: 555 S Howes St, 1st Floor
Summer: 7:30-4:30 MTWF & 8:30-4:00 on Thursday
Fall/Spring: 7:45-4:45 MTWF & 8:30-4:00 on Thursday
Phone: (970) 491-2697
Fax: (970) 491-2452
Cancellation and Deferment of Health Professions Student Loan
Deferment is a period when interest does not accumulate and payments on the principal balance need not be paid. Borrowers who qualify for deferment must submit a
completed deferment form. After each deferment, the borrower is entitled to a post-deferment grace period of six months.
Eligibility: An assessment is completed on each student loan to determine eligibility. The Student Loans Office must receive completed deferment
forms and copies of supporting documentation before your account will be reviewed. If you are granted a deferment all late charges must be paid before your account
can go into deferment status.
In School/ Attending another University
A borrower may defer scheduled payments while enrolled at least half-time as a regular student in an eligible institution of higher education
(or comparable Department of Education-approved institution outside of the United States) for the purpose of obtaining a degree or certificate.
You must notify and request a "Student Deferment" for each term you are enrolled at another university. You can call us (970) 491-6467, ask us
for a "Student Deferment", and we will be able (in most cases) to verify your enrollment at another institution by checking an on-line website or
you may submit a school deferment form each term that you are attending another Institution.
Application forms and other paperwork due dates are as important as payment due dates. If your paperwork is not received by the due date, you are
responsible for payment and late fees as applicable.
You must continue to make scheduled loan payments until you receive confirmation of your deferment or forbearance status.
Download School Deferment form.