Showing posts with label you may qualify for deferment:. Show all posts
Showing posts with label you may qualify for deferment:. Show all posts

Saturday, December 21, 2019

If one of the following scenarios applies to you, you may qualify for deferment:

If one of the following scenarios applies to you, you may qualify for deferment:
    • You are enrolled at least half-time in college or career school.
    • You are studying in an approved graduate fellowship program or in an approved rehabilitation training program for the disabled.
    • You are experiencing unemployment or an inability to find full-time employment (for up to 3 years).
    • You are experiencing a period of economic hardship including Peace Corps service (for up to 3 years).
    • You have been called to active duty military service during a war, military operation, or national emergency.
    • You have returned home following the conclusion of qualifying active duty military service (for the first 13 months or until you return to enrollment on at least a half-time basis, whichever is earlier), if:

As soon as you fail to make a payment on time, your loan

As soon as you fail to make a payment on time, your loan immediately becomes “delinquent.” After 90 days of not making a payment, loan ser...