Will the lenders on Prosper.com allow payments to be deferred?

Question by rtmason7: Will the lenders on Prosper.com allow payments to be deferred?
I want to request a loan on Prosper.com for $ 12,000, to study a foreign language abroad for a year and a half, with the ultimate goal of landing a job as a translator with a DoD contractor, the recruiter for which I’ve already lined up the slot for. I get the training, I get the job. I can’t get a “conventional student loan” because this school is not on the “approved” lists. I have good credit, so I’m sure I can get the loan.

Here’s the thing: It’s a full time study course. I can’t be employed while I study there. So I need the repayment of the loan to be deferred at least 6 months after I graduate. I can complete my studies in 1.5 years.

Will I be able to defer my first payment until after I graduate? I know conventional and private education lenders (like the Astrive student loan commercials say) will defer, but will Prosper lenders do it?

If not, can you point me in a direction?

Thanks for any responses.
I figured they wouldn’t. The name of the school is The Fajr Center For The Arabic Language. www.fajr.com. Maybe someone can point me in the direction of a lender who handles this kind of situation.

Thanks for the response.

Best answer:

Answer by Ira01
No. Prosper loan payments begin 30 days after the money is disbursed to you. No exceptions.

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Tags: allow, deferred, Graduate, Lenders, Payments, Prosper.com, prosper.com defered loan, Student Loan