If you take a leave of absence, you automatically qualify for a 12-month grace period when loan payments need not be made. If you have a TDA loan, you may elect to waive any or all of the 12-month grace period by filing a TDA Loan Immediate Repayment Form (code LO29). TRS would recalculate your loan payments to adjust for the interest and insurance charges accrued during your grace period. When the grace period expires, you would make monthly payments directly to TRS or, if you are a Tier I or II member, you would make quarterly payments.