If you can’t make all or some of your loan payments, but you don’t qualify for a deferment, your loan servicer may grant you forbearance. Forbearance can grant a period of up to 12 months in which you are not required to make all or some of your payments. During that period, interest will still accrue on your loans, and if you do not or cannot pay it, the interest will be capitalized (added to the principal of your loan) at the end of your forbearance period.
