Deferment means putting off or postponing You can get a student loan and not pay until you’re done with school.

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Presentation transcript:

Deferment means putting off or postponing You can get a student loan and not pay until you’re done with school

If you default on a student loan: Damage you credit score Your loan balance will increase Your loan holder can even take money from your paycheck or your tax refund

See what your interest rates going to be How much your payments are going to be If you work enough to make your payments

only offered under certain circumstances it is important that you continue to pay on your loan

In school (no time limit) Unemployment (up to 36 months) Economic hardship (up to 36 months) Graduate fellowship (no time limit) Rehabilitation training (no time limit)

One simple loan. Student Deferment. February 18 th forms.asp forms.asp Next Student. February 17 th advisor/deferment.asp advisor/deferment.asp