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US Department of Education : Deferment Only

On US Department of Education list

The Multi-Regional and Foreign School Participation Division at the US Department of Education approved the application of The American Business School of Paris to Participate in Federal Student Financial Aid Programs.

 

The Secretary of Education (Secretary) has determined that American Business School of Paris (Institution) satisfies the definition of an eligible institution under the Higher Education Act of 1965, as amended (HEA).

The American Business School of Paris will be listed in the next edition of the Directory of Postsecondary Institutions published by the U.S. Department of Education (Department).

Benefits

The American Business School of Paris satisfies the definition of an eligible institution for the purpose of granting to regular students at American Business School of Paris an in-school deferment of repayment of Federal Family Education Program Loans and Federal Direct Student Loans.

Requirements

One of the institutional eligibility requirements is that the institution must admit as regular students only persons who have a high school diploma; have the recognized equivalent of a high school diploma; or are beyond the age of compulsory school attendance in the State in which the institution is physically located (see 34 CFR 600.4, 5 or 6). This means if the student is not yet beyond the age of compulsory school attendance in the State in which the institution is physically located, the institution can only enroll the individual as a regular student if he or she has a high school diploma or its equivalent.

One of the student eligibility requirements is that an eligible student is one who is not enrolled in either an elementary or secondary school (see 34 CFR 668.32). This means that an institution cannot accept as a regular student at this school, an individual who is also enrolled at the same time in elementary or high school.