Deferment is a way that you can postpone payments on a previous student loan. Different loans have different types of deferment options available.  Not all loans have deferment options.

You must qualify for a deferment, the lender is not obligated to grant the deferment. You apply for a deferment by contacting the servicer of your loan.

Deferment

• deferments are not automatic, you must apply and qualify on an annual basis
• subsidized loans do not accrue interest during deferment
• interest accrues for unsubsidized loans
• request deferment from servicer or download forms from servicer website
• completing forms correctly is crucial to accurate processing