If your student loans require monthly payments now, a lender will have to include that debt. If the loans are in deferment (meaning you do not have to pay on them yet), they can be excluded from your debt calculations on some programs, providing that you can prove that they are deferred for a certain length of time. (There are several different loan programs you may qualify for, and each has a specific requirement as to how long they must be deferred â€“ some will not exclude them at all.) A quick call to a Kentucky loan officer should give you a good idea of what is available to you here! Good luck!