Loan Deferment and Repayment

Information on Loan Deferment, Loan Repayment, and Loan Forgiveness

Deferment of Federal Loans

If you borrowed from one or more of the federal student loan programs prior to your enrollment at William James College and you have an outstanding balance due, you may elect to defer repayment of these loans by requesting an ‘in-school’ deferment.   

To request an in-school deferment:

  • Determine who is servicing your current loans. You may have more than one servicer. If you are receiving invoices for payment, the servicer’s name will appear on the invoice. You can also log on to National Student Loan Data System (NSLDS) to view a comprehensive history of your federal student loan borrowing.  Click on this link to access NSLDS.
  • Log on to the servicer’s website and look for a link that may appear as ‘download forms’ or ‘request a deferment’.
  • Download or copy the in-school deferment form to your computer and print the form.
  • Complete and sign the borrower section of the form and mail the form to William James College at this address:

William James College Office of Student Services
Attn: Registrar
1 Wells Avenue
Newton, MA 02459

The Office of the Registrar will complete the school section of the deferment form and mail it to your servicer following the completion of our fall term add-drop period.

Loans you borrow while enrolled at William James College are automatically placed into an in-school deferment status.

Loan Repayment

Federal loans are regulated by the government, and in this ever-changing regulatory environment, things can change quickly. The latest information can be found on

Public Service Loan Forgiveness

The College Cost Reduction and Access Act has established a Public Service Loan Forgiveness (PSLF) program for students who pursue a career in a public service setting. The main goal is to remove debt as a consideration to those pursuing a career in public service, as most borrowers will earn less in the public service setting versus the private sector.

The PSLF program discharges any remaining debt after 10 years of full-time employment in public service. The borrower must have made 120 on-time payments as part of the Direct Loan program in order to obtain this benefit. A public service job may include public health, health care support, school-based services, and employees of tax-exempt 501(c)(3) organizations.

The program applies to payments made on or after 2007 and only to payments on a Federal Direct Loan, including the Federal Direct Stafford and Federal Direct Graduate PLUS Loans.

To maximize the amount of forgiveness, borrowers should use one of the income-based repayments plans. Please click here for more information.

National Health Service Corps

As part of the ongoing attempt to help student borrowers, the National Health Service Corps (NHSC) has received additional funding to support their loan repayment programs. Visit for more information on this. You can also go onto for information on all loan repayment programs.