United States
"Student Loan Deferment"

What is Student Loan Deferment ?

A student loan deferment is an arrangement that enables you to postpone or reduce loan payments temporarily without affecting your credit scores.

How Student Loan Deferment Works ?

You may able to stop paying loan payments or in certain situations lower them for period of up to 3 years with student loan deferment, but it does not forgive the loan.


How to Qualify for Student Loan Deferment ?

You are eligible for student loan deferment if you are enrolled at least half-time at an eligible college or career school.

Qualified Loans for Deferment

All the deferments are available to Direct PLUS loans, FFEL Program loan, Perkins Loan, Direct and FFEL consolidation loans, Direct Subsidized and Unsubsidized Loans borrowers.

Types of Student Loan Deferment

Cancer Treatment, Economic Hardship, Graduate Fellowship, In-School, Parent PLUS Borrower, Rehabilitation Training, Unemployment, Military Service and Post-Active Duty Student deferment.

Procedure of Student Loan Deferment

Most deferments are not automatic, you need to submit a request to student loan servicer, often on a form. Majority of deferments also require to submit documentation.

How to Request for Student Loan Deferment ?

There are different forms for each type of federal loan deferment, the procedure is generally simple and consistent.