A postponement of student loan repayment under certain circumstances, approved in advance by the lender.

Submenu Deferment occurs when a borrower is allowed to temporarily postpone repaying the loan. If you have a subsidized loan, the federal government pays the interest charges during the deferment period. If you have an unsubsidized loan, you are responsible for the interest that accrues during the deferment period. You can still postpone paying the interest charges by capitalizing the interest, which increases the size of the loan. Most federal loan programs allow students to defer their loans while they are in school at least half time. If you don't qualify for a deferment, you may be able to get forbearance. You can't get a deferment if your loan is in default.

Deferment is getting permission from the lender to skip a payment which is then added on to the end of the loan causing the duration of the loan to be extended.

A specified time during which you do not have to make loan or interest payments.

An authorized period of time during which a student loan borrower may postpone making payments on the principal plus interest.

An authorized period of time during which you may postpone payment on your loan.

Permission to temporarily suspend repayment of your student loans.

A period of time in which a borrower is not required to be actively making payments on a student loan. This includes while a student is enrolled at least half time in addition to other qualifying circumstances.

Process in which payments of principal and interest on the loan are postponed for a period of time. Applicable only to NDSL/Perkins Loans and some long term institutional loans.

A time during which the borrower is not required to make payment. During deferment, interest will accrue on the loan, although the borrower is not obligated to make payment on the loan amount.

A period in which repayment of principal, interest and penalty charges of a loan are suspended because the borrower meets certain requirements. During deferment interest does not accrue and the loan is not considered past due. Close

Temporary postponement of loan payments

The option to postpone repayment for a period of time, under certain conditions, with permission from the lender.

When a borrower is allowed to postpone repayment of the loan for a variety of reasons. If you have a subsidized loan, the federal government pays the interest charges during the deferment period. If you have an unsubsidized loan, you are responsible for the interest that accrues during the deferment period. You can still postpone paying the interest charges by capitalizing the interest, which increases the size of the loan. Most federal loan programs allow students to defer their loans while they are in school at least half time. If you don't qualify for a deferment, you may be able to get a forbearance, and loans in default are not eligible for a deferment.

A deferment means you may postpone making payments on your loan under certain specific conditions. On an unsubsidized loan, the interest is accrued, which means it's added to the principal of the loan.

a delay in loan repayment granted to borrowers engaged in certain qualifying activities (eg, Brunei schooling, military service)

an authorized temporary suspension of repayment and may be granted under certain circumstances

a period during which an agreement exists between lender and borrower that says the borrower may temporarily suspend loan payments if he/she meets certain conditions

a period during which borrowers are entitled to postpone repayment of the principal balance of their loans

a period during which I am entitled to postpone repayment of the principal balance of my loan(s)

a period during which payments of principal are postponed

a period in which no payments are due and interest does not accrue

a period in which repayment of the principal balance is postponed

a period of time during which no payments are required and interest does not accrue (accumulate), unless you have an unsubsidized Stafford Loan

a period of time during which repayment of the loan principal is temporarily postponed

a period of time during which the borrower is not required to repay the loan principal and interest will not accrue

a period of time during which you are not required to make loan installment payments while you are engaged in some eligible activity (such as full-time enrollment in school)

a period of time for which an eligible student loan borrower, meeting specific requirements established by law and/or contained in the promissory note, may postpone monthly payments of principal and/or interest

a period of time that a borrower can postpone making loan repayments

a period of time, upon meeting certain qualifications, that you are entitled to not make payments towards your TREE SM or LEAF SM loans

a period of time (varying in length as indicated below) when you are not required to make payments on your loans because you temporarily cannot afford the scheduled payments

a period when borrower payments are temporarily suspended

a request to postpone payments for several valid reasons, including but not limited to unemployment, disability or returning to school again

a suspension of payments for special reasons

a suspension of pay ments for special reasons

Is a period of time when you do not have to make payments on your student loans.

A condition during which payments of principal are not required, and, for Federal Perkins and subsidized Federal Stafford and Direct Subsidized Loans, interest does not accrue. The repayment period is extended by the length of the deferment period.

Your payments are postponed when you meet specific eligibility requirements.

Entitlement to postpone payments when the borrower meets specific eligibility requirements set by the US Department of Education.

Period of time, usually following grace, during which a borrower may defer or delay repayment. Deferments may be borrower based (also referred to as borrower level), as is the case with old and new Stafford borrowers. Deferments can also be loan specific, which simply means the deferment is based not on the borrower, but on the loan type (as is the case with HEAL, Perkins, PCL, and some other loans). Borrowers must apply with their loan servicer for deferments. Regardless of type, deferments are good for one year at a time.

An approved postponement of payment for a specified period to which the borrower is entitled.

An authorized period during which a borrower may postpone principal and interest payments. Deferments usually are granted for graduate studies, Peace Corps work, and a limited set of other situations. Contact your lender for details.

A specified period of time during which principal and/or interest payments may be postponed; deferments are frequently granted for time spent as a student, a resident, or in the Peace Corps.

There may be circumstances that do not permit you to follow your loan repayment plan. A deferment temporarily postpones payment on your loans. Deferments may be available for a number of reasons if you are: pursuing at least half-time study in a degree program, in a graduate fellowship program approved by the U.S. Department of Education, disabled and in a rehabilitation training program, conscientiously seeking but unable to find full-time employment, or experiencing economic hardship. Students who are unable to make their loan payments under their specified repayment plan should contact their loan servicer. It is important for the student to discuss the various repayment and deferment options available and to work towards a repayment arrangement that is suitable to their personal situation.

Federal student loan repayment option that allows the borrower to temporarily postpone payment of the loan. During periods of deferment on subsidized loans, the principal payments are postponed and interest is billed to the government. When unsubsidized loans are deferred, only the principal payments are postponed and the borrower is responsible for the accrued interest.

A period of time during which the borrower, having met certain criteria determined by the lender or loan servicer on behalf of the lender, is not required to make regular monthly payments.

Period during which loan repayment is postponed.

Period during which a borrower who meets certain criteria may suspend loan payments. Back to the top

As approved by your lender, postponement of repayment of principal and/or interest or temporary postponement of payments for specific circumstances. You must apply to your lender and qualify under specific guidelines.

When you lender agrees to temporarily postpone your payments because of a difficult financial situation.

The postponement of repayment of principal and/or interest. Deferment is not automatic; you must apply to your lender or servicer and qualify under specific guidelines.

The postponement of loan principal payments under special circumstances. The federal government pays the interest that accrues on subsidized Stafford Loans during deferment. Unsubsidized Stafford Loans don't receive this interest subsidy.

in the case of being called to the Armed Services, a postponement of service or extension to a later time.

An approved temporary postponement to repay loan principal for a specified period of time. Conditions for deferment vary by loan program.

A postponement of a responsibility to a later date.

An arrangement made with an education provider to postpone tuition payment until a future date (giving the student time to receive company reimbursement for tuition costs).

Postponement of the commencement of a course for a maximum of one year. Not all institutions grant deferment.

An approved postponement of payment for a specified period, if the borrower falls into certain government established categories and submits the appropriate forms to his/her lender.

a period of time in which the borrower is not required to make payments to the lender. A period of deferment is more likely with a federal student loan than with a private or alternative student loan.

An agreement with a lender under which a borrower may temporarily suspend loan payments if they meet certain conditions. If a loan is subsidized, the Federal Government pays the interest on the loan during any granted deferment periods. If a loan is unsubsidized, the borrower is responsible for paying the interest on the loan during any granted deferment periods.

A postponement of up to three years in repaying a loan; not for loans in default.

an agreement between you and your lender for postponement of your loan payment.

A temporary period during which a borrower is not required to make payments.Deferments are more common in Federal loan programs rather than alternative loans. For Subsidized Stafford Loan borrowers (and Perkins Loan borrowers), many deferments are subsidized, meaning the interest that accrues on the loan during the deferment is paid by the federal government. Some deferments are unsubsidized, meaning the interest that accrues must be paid by the borrower. (Resources on the web from the department)

An approved postponement of payment for a specified time.

A period of time when a lender suspends payments on principal or interest charges, or both, on a loan. On Federally-subsidized student loans, the Federal government may pay the interest during a deferment. Deferment may be obtained or extended for a variety of reasons, including financial hardship or continuing education. Deferments vary by lender and by type of loan.

A period of time during which the borrower does not have to make loan payments. Under some loan programs, such as the subsidized Stafford loan, the interest accrued during the time payments are postponed is paid by the government and the lender.

An authorized period of time during which loan payments may be postponed.

A period of time during which your repayment obligation is temporarily postponed for an authorized reason. Borrowers whose interest was paid by the federal government while in school will qualify for these same interest benefits during deferment periods.

A temporary postponement of repayment.

Deferment is the temporary suspension of loan payments. You may be able to defer, or postpone, your loan payments. Deferment requests are evaluated on a case-by-case basis. Deferment is not debt forgiveness; it is only a temporary suspension in repaying a loan.

A deferment is a temporary suspension of a borrower's monthly loan payment. There are many different types of deferments available. During deferment of subsidized loans, principal payments are postponed and interest does not accrue. During deferment of unsubsidized loans, principal payments are postponed but interest continues to accrue. Accrued unpaid interest will be added to the principal balance (capitalized) of the loan(s) at the end of the deferment period. This will increase the amounts borrowers owe.

A period during which repaying loan principle is suspended as a result of the borrower meeting one or more of a number of situations or categories established by law. The borrower does not pay interest on subsidized loans during deferment; interest continues to accumulate during deferment of an unsubsidized loan.

Allows you to temporarily postpone payments on your loan.

When a lender allows a borrower to postpone loan payments. A borrower must usually satisfy specific eligibility requirements for a loan deferment. If a loan is in default, the lender will not allow deferments.

Postponement of the loan repayment for a specified time. However, the interest must still be paid or it is added to the principal. This means the loan will cost the borrower more in the long run, but it may make the loan easier for the borrower to repay.

Deferment is a period of time in which approved borrowers are not required to repay their loans ( principal or interest). The following circumstances may enable you to pursue a deferment: (Note: You may lose these privileges if you consolidate.) Full-time or half-time study Active military duty Peace Corps, Vista, ACTION, domestic service, or private/non-profit volunteer Engaged in service listed under cancellation privileges (see also forgiveness) National Oceanic & Atmospheric Administration Corps Graduate fellowship Professional internship Advanced professional training Economic Hardship Hardship (interest accrues) Unable to find full-time employment Pregnancy, adoption, or child care Mother of preschool child who is entering the workforce Temporary or total disability If you do not qualify for a deferment but are still unable to make satisfactory repayment, you may qualify for a forbearance. Also see grace period. For more information on deferment, access AES/PHEAA's deferment information, or contact your lender. (To identify your lender, use NSLDS or the Loan Locator.)

an approved temporary suspension of loan payments based on certain events or criteria

A temporary period established by law that exempts a student from loan repayment. The most common deferment is for students who are enrolled in an eligible program of study on at least a half-time basis.

See deferred payment

Contractually agreed-to period of time a borrower is allowed to suspend payment on a debt. Usually applies to student loans and suspends the accrual of interest or late fees on the outstanding loan balance.

a period of time during repayment in which the borrower, after meeting certain criteria, is not required to make regular monthly payments.

A period of time during repayment when the borrower, upon meeting certain conditions, is not required to pay loan principal.

An authorized period of time during which a borrower may postpone principal and interest payments. Deferments are available while borrowers are in school at least half time, enrolled in a graduate fellowship program or rehabilitation training program, and during periods of unemployment or economic hardship. Other deferments may be available depending on when and what you borrowed. Contact your lender for additional details.

A postponement of payments.

A period of time during repayment when the borrower, upon meeting certain criteria, is not required to make regular monthly payments. Depending upon the type of loan, the interest may or may not be paid by the government during the deferment period.

This is an authorized period of time during which a borrower may postpone principal and interest payments. Deferments are available to borrowers who are in school at least half time, enrolled in a graduate fellowship program, during periods of unemployment or economic hardship, and in some cases, for teaching in shortage areas or low income schools or for volunteering with the Peace Corps, or VISTA, etc.

A time when you are not required to make payments. During the deferment, interest continues to accrue on the loan. Deferments may be granted for reasons such as half-time study, unemployment, economic hardship, graduate fellowships and rehabilitation training.

Occurs when a borrower is allowed to postpone repaying the loan. With a subsidized loan, the federal government pays the interest charges during the deferment period. With an unsubsidized loan, a student is responsible for the interest that accrues during the deferment period. Postponement of interest payment charges is still an option by capitalizing the interest, which increases the size of the loan. Most federal loan programs allow students to defer their loans while they are in school at least half time. If a student does not qualify for a deferment, forbearance may still be an option. Deferment is not an option if the loan is in default.

A deferment is a delay in loan repayment granted to borrowers engaged in certain qualifying activities (e.g., schooling, military service). Payments on your student loans may be postponed for up to a year in anticipation of a deferment by submitting a deferment form. Deferments cannot be granted for periods in the future; only periods in the past can be deferred. Deferment provisions for each type of loan are listed in your promissory notes. The provisions vary not only according to the loan program but also according to the date when the loan note was signed. You may have two or more loans under the same program with different deferment provisions. Delinquency Delinquency occurs when loan payments, deferment forms and special payment arrangements are late or missed, as specified in the terms of the promissory note.

A period of time during which your lender temporarily suspends your loan payments. During deferment, the Federal Government will pay the interest on Subsidized Stafford loans only. If you have an Unsubsidized Stafford loan, you will be responsible for paying all the accrued interest.

A period of time when the borrower is not required to make any payment on the loan (similar to a grace period); however, the borrower must apply annually for a deferment which can be loan specific (tied to the terms of the promissory note) or borrower specific (tied to the date that the borrower received the first disbursement of a Federal Stafford/Direct loan).

A period of time during repayment in which the borrower, upon meeting certain conditions, is not required to make payments of loan principal.

A period of time when you can put off making your student loan payments without penalty.

Deferment occurs when a borrower is allowed to postpone repayment of a student loan. For example, some federal loan programs allow students to defer their loans while they are in school. Other loan programs allow the student to defer the interest payments by capitalizing the interest.

Postponement of repayment due to certain conditions (in-school at least 1/2 time, unemployment, economic hardship, graduate fellowship, or rehabilitation training). Contact your lender to apply

You can apply for deferment status, postponing your educational loan payments. Once you are granted deferment, you do not have to make loan payments until your deferment status (like graduate studies or active duty in the Peace Corps) has changed.

a temporary delay in the repayment of a loan.

The deferral of payments to the end of the contract, causing an extension of the scheduled contract maturity date.

During a deferment the government will pay the interest that accrues for your subsidized Stafford Loans portion of your Consolidation. If your loans were unsubsidized or lost their subsidy with Consolidation, the government will not pay for interest accrual.

Temporary postponement of loan repayment

A postponement of payment on a loan that is allowed under certain conditions and during which interest does not accrue for subsidized loans.

A postponement of the repayment of student loans if the student meets certain criteria set by the lender.

A specified period during which a borrower does not have to repay a loan.

Deferments are periods when payment on the principal of a Stafford Loan is postponed and, except for unsubsidized Stafford Loans,interest subsidy payments are made by the federal government. Once repayment begins, borrowers are entitled to a deferment if they meet the requirements.Borrowers must request a deferment either verbally or on a form provided by the lender or servicer, and must provide documentation to the lender in support of the request. A borrower's eligibility for a deferment depends on when the loan was made, as well as the individual deferment's requirements.Our online calculator can help you estimate the cost of an unsubsidized deferment.

An approved temporary suspension of loan payments based on specific events and criteria.

Postponement of a student loan repayment for specifically approved reasons.

Deferment refers to the period of time during which the lender agrees to postpone monthly payments. Our loan program's Undergraduate, Graduate, Health Professional and Degreed Undergraduate loans are in deferment during the in-school and grace periods. For these products, the maximum in-school period is 48 months. The maximum time period before repayment begins (the “Interim Period”) is 54 months, which represents the 48 months plus a 6-month grace period. For our loan program's Continuing Education Loans, repayment will begin either 1 month after the study program ends, withdrawal from school or in 25 months, whichever is sooner. For our loan program's Elementary and Secondary School Loans, there is no interim or grace period. Repayment for this loan begins immediately upon disbursement.

Deferment occurs when a borrower is allowed to postpone repaying a loan (which usually occurs as long as the borrower is enrolled in school). With a subsidized loan, the federal government pays the interest charges during the deferment period. With an unsubsidized loan, the borrower is responsible for the interest that accrues during the deferment period.

A period during which the repayment of the principal amount of the loan is suspended as a result of the borrower meeting one of the requirements established by law and/or contained in the promissory note. During this period, the borrower may or may not have to pay interest on the loan.

A period when a borrower, who meets certain criteria, may suspend loan repayment.

A period of time during repayment when the borrower, after meeting certain conditions, does not have to make loan payments.

when a borrower is allowed to postpone repayment of a student loan. Most federal loan programs allow students to defer their loans while they are in school at least half-time (6 or more credit hours).

A specified and limited period of time during which payments on principle and interest need not be made.

A postponement of the payment of your loan. Must be applied for with your loan holder.

When the borrower is allowed to postpone repayment of the loan for a specified period of time.

A period of time during which you are not required to make payments on an outstanding student loan.

A period in which a borrower is allowed to postpone payments on the loan principal. During deferment, the federal government pays the interest on a subsidized Stafford Loan. On other loans, the interest accrues and is capitalized, and the borrower is responsible for paying it.

If offered a place in an academic program, and before commencing studies, a student may apply through SATAC to postpone their study for a specified period, usually one year.

A deferment means you may postpone making payments on your loan under certain conditions. For need-based loans, interest doesn't accrue during periods of deferment.

A period of time during which students are not required to make loan payments, such as while enrolled at least half-time (six hours or more). Federal Direct Unsubsidized Loans do have interest accruing during periods of deferment (see Unsubsidized below).

Official postponement of loan payment while you are engaged in an eligible activity or if you are experiencing a period of economic hardship.

Period during which a borrower who meets certain criteria may suspend loan payments. On some loans the federal government pays the interest. In other cases, interest accrues and the borrower is responsible for it.

An approved temporary postponement of acceptance to a university or college program, based on certain events and criteria.

An authorized period of time during which a student loan borrower may postpone making payments. Borrowers must file deferment forms with their lenders and be approved for deferments. Deferments are available if borrowers are enrolled in school at least half-time, enrolled in a graduate fellowship program or rehabilitation training program, unemployed, or experiencing demonstrated economic hardship. The federal government makes interest payments on subsidized Stafford loans during deferment periods.

A deferment means you may postpone making payments on your loan under certain specific conditions. For more information, see Payment Relief.

The postponement of principle and/or interest payment on a student loan due to specific qualifications described in the loan promissory note. Qualifications for deferment might include continued satisfactory progress in enrollment, internship or residency, and military service.

A period during which a borrower, who meets certain criteria, may suspend loan payments. For some loans, the federal government pays the interest during a deferment. On others, the interest accrues and is capitalized, and the borrower is responsible for paying it.

The federal government recognizes that individual circumstances can change, especially after you have just completed college. A grace period can help to establish stability during this time. However, some borrowers may not be able to make their loan payments even after their grace periods have expired. Borrowers in this situation may request a deferment, which is a period of time when someone who meets approved circumstances is not required to repay a loan. These circumstances may include pursuing full-time study, active military duty, serving as a Peace Corps or ACTION volunteer, unemployment due to injury, disability, infant care, or other specific circumstances.

You can apply to the DSS (Department of Social Security) to defer payment of national insurance contributions if it is likely that you would otherwise pay more than the permitted maximum, or if some of your business income is liable to Class 1 employees national insurance contributions. Any remaining liability is collected by the DSS after the end of the tax year. (Back to top)

Deferment refers to the period of time during your repayment in which you, after meeting certain criteria, aren't required to make your regular monthly payments.

When you receive an offer to study at the ANU, you may wish to wait for a year before taking up the offer. This is called deferment. Not all universities allow deferment but at the ANU it is available to all applicants who have just completed their initial secondary schooling (except for Visual Arts and Music programs). If you wish to defer, you must accept the offer and then ask for a deferral by writing to the ANU Admissions Manager. You should then apply through UAC for the following year, in order to confirm that you still wish to take up the offer.

a delay based on a specific condition -- such as returning to school, economic hardship, or being unemployed and seeking employment -- that excuses you from making payments for a set period of time

a request to a particular school to put off your enrollment for a year

a temporary delay in principal payments for a specific period of time

When you have been offered a place in a course through UAC, but you decide to delay studying for a year. You can only defer for one year.

Is the choice of an applicant having accepted an offer, to delay enrolment for no longer than one (1) Academic Year.

To delay something until another time.

Delaying the start of a course for which you have been offered a place by one year. Your place is guaranteed for the following year, though you must formally reapply through SATAC.