About deferment and forbearance
|What they mean||
A student loan deferment or forbearance allows you to temporarily postpone your monthly payments under certain circumstances, such as:
All loan types—You are responsible for paying the daily interest accrual during periods of forbearance.
|Requesting a deferment or forbearance||
|Endorser/Co-Maker requesting a deferment or forbearance||
Keep in mind
- A deferment or forbearance is only a temporary suspension of your monthly payments.
- In most cases the interest on your student loans continues to accrue during this time.
Help Me Choose a Form.
Our interactive Eligibility Quiz helps you determine if your federal student loans are eligible for a deferment or forbearance and provides the best options for postponing your payments.
I Know the Form I Need.
Sign in to Account Access and click on "I know the form I need" on the left hand side.
NOTE: Only deferment options that are applicable to your loan type will be listed. If you need help choosing the right form, please take the Eligibility Quiz.