Students & Alumni

Student Loan Resources

Students & Alumni

Student Loan Resources

Postponing Payments

Losing your job, getting sick, or having financial trouble can make repaying your student loans even harder. Click below to learn if temporarily suspending payments using deferment or forbearance is a good option for you.

Should You Postpone Your Student Loan Payments?

Deferments For Pre-1993 Loans

If you began borrowing loans prior to 1993, the process for deferment is different, but deferments are available during:

  • Fellowships, medical internships or residency programs, and other educational, training, or rehabilitation programs
  • Parental leave and being a working mother of a preschooler
  • Public service in the military, for NOAA, the Public Health Service, Peace Corps, ACTION, or other specific other nonprofit volunteer programs
  • Periods of temporary disability or while you’re caring for a disabled spouse or dependent

To apply, you will need to provide documentation of your status to your student loan servicer (the company that sends you the bills) with certification from an authorized official. Contact them directly to find out exactly what documentation applies to your specific situation.

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