1. Module Number 13 You Didn’t Match, Now What
Module Number 13 You Didn’t Match, Now What? Options for borrowers who don’t move directly into residency or who don’t complete their program of study
Paul S. Garrard
Founder and President, PGPresents, LLC
Independent Student Loan Consulting
Spring 2019
2019 PGPresents, LLC - All Rights Reserved

2. You still have options On federal loans, you still have options
You still have your grace periods on Direct Unsubsidized Loans*
You still have 6 month post-enrollment deferment on Grad PLUS (Direct PLUS) Loans
Deferment and forbearance still available
Repayment plans still available, including income plans
* You don’t lose your grace period on each loan, unless previously used

3. Postponement options*
Work with your loan servicer
Deferment**
Multiple types, including unemployment and hardship deferment
Forbearance**
Multiple types, including discretionary
Mandatory residency forbearance not available if not a resident
* See for details ** You are considered to be in good standing, credit protected

4. Repayment options Work with your loan servicer Time-driven plans
Based on time period
Income-driven plans
Based on income and family size
$0 calculated payments possible with no income

5. Some scenarios Planning to Match following year
Use 6 month grace period then either request postponement until residency starts or start repayment, perhaps with income plan**
Planning to enter workforce
Use 6 month grace period then enter repayment, perhaps with income plan
Borrowers with federal and private loans
May need to use repayment flexibility on federal loans to stay current on private loans
** Assuming you have no remaining rotations/credits needed to graduate. If you are still enrolled at lest 6 credits you can will be reported as enrolled at least half-time (Financial Aid Office-TUC)

6. Final comments
You can still manage your student loan debt, even if you don’t Match or complete your program
Use all available resources to help stay current on your options
FAO at your school
Your loan servicer
FREE information from PGPresents* *

7. PGPresents, LLC Independent Student Loan Consulting www.PGPresents.com
END OF MODULE 13
PGPresents, LLC
Independent Student Loan Consulting
2019 PGPresents, LLC - All Rights Reserved