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Federal Loan Deferments
A deferment is a period of time in which you, upon meeting certain conditions,
are not required to make payments on your Federal loans. For subsidized loans,
the federal government pays the interest during a deferment. For unsubsidized
Stafford and PLUS loans, the interest accrues and is capitalized, and you are eventually
responsible for paying the interest.
| Here are some common situations when you could be eligible for a
deferment: |
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When you are enrolled at least half-time in a course of study at an eligible
school |
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When you are unemployed |
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When the ratio of your income to your monthly payment meets a certain threshold.
(This deferment is common when fulfilling a residency requirement.)
To determine eligibility
click here. |
Deferment Forms
Looking to apply for a deferment and need a form?
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Medical
