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Deferments

The federal government will pay interest that accrues during authorized periods of deferment on that portion of the consolidation loan that repays subsidized Federal Stafford Loans and subsidized Federal Direct Stafford Loans. You will be responsible for interest that accrues during authorized periods of deferment on that portion of the consolidation loan that repays other loan types.

Here are some common situations when you could be eligible for a deferment:
  • When you are enrolled at least half-time in a course of study at an eligible school
  • When you are unemployed
  • When the ratio of your income to your monthly payment meets a certain threshold. To determine eligibility click here.

    Deferment Forms
    Looking to apply for a deferment and need a form?
  • Hardship Deferment Application
  • In-School Deferment Application
  • Unemployment Deferment Application