:: Deferments ::
A deferment allows a delay in payment on a student loan for a period of time. They're granted for specific situations, have time limits and eligibility conditions. You're entitled to a deferment if you meet the guidelines and provide the necessary documentation to your loan servicer.
If you have a subsidized loan, the government pays the interest that accrues during a deferment. If you have a PLUS or unsubsidized loan, you're responsible for the interest that accrues.
Deferment options are based on the date you first received your loan. Receiving a deferment isn't automatic; you must request it. You must also continue making payments until a deferment has been granted.
Contact your lender to discuss your options and download deferment forms from our 'Deferment Forms' page.
