Deferment and Forbearance


A deferment is a period during which repayment of the principle and interest of your loan is temporarily delayed (i.e. in-school deferment). 

During a deferment, you do not need to make payments.  What’s more, depending on the type of loan you have, the federal government may pay the interest on your loan during a period of deferment. Learn more >



If you can't make your scheduled loan payments, but don't qualify for a deferment, your loan servicer may be able to grant you a forbearance. With forbearance, you may be able to stop making payments or reduce your monthly payment, usually for up to 12 months. However, interest will continue to accrue on your subsidized and unsubsidized loans (including all PLUS loans). Learn more >