...following: "(D) the institution may provide that interest shall not accrue on such a loan, and periodic installments need not be paid, during any period, not in excess of three years, during which the borrower is in part-time attendance at an institution of higher education...

...following: "(D) the institution may provide that interest shall not accrue on such a loan, and periodic installments need not be paid, during any period, not in excess of three years, during which the borrower is in part-time attendance at an institution of higher education...

...carry at least one half of the normal full-time academic workload. 3. Interest shall not accrue and installments need not be paid during any period, not in excess of 3 years, during which the borrower is a member of the Armed Forces of the United States or during which...

...and nine months after such date, except that (A) installments need not be paid during any ixjriod, not in excess of four years, he is serving in a licensed capacity :i board an American-flag vessel oj>erating under the laws of the United -States or In rhe...