<p>Is it true that should I transfer to a new school, I would have to start paying off the loans I took out for my current school? If so, is there anyway to get around this. I am extremely unhappy at my current school, and really do not want to spend four years here.</p>
<p>If you transfer to another institution, you can get an in-school deferment for your prior loans. It may require completing a paper In-School Deferment Form or it may be automatic. Check with that school's financial aid office to determine whether they participate with the National Clearinghouse. If they do, then the lenders will be automatically updated about your in-school status. If they do not, you will need to obtain the Deferment request form from the lender (or their website), complete the student sections and submit it to the new school for processing.</p>
<p>both schools are on this list ( EnrollmentVerify</a> School Participants ) - is that all I need? I don't need to do anything special?</p>
<p>I would suggest double checking with the institution because mine is on the list even though we are not using Clearinghouse at this time.</p>