A deferment lets borrowers delay payments on a student loan for a period of time. They're granted for specific situations and have certain time limits and eligibility conditions. You're entitled to a deferment if you meet the guidelines and provide your lender the necessary documentation.
If you have a subsidized loan, the government will pay the interest that accrues during the deferment. If you have a PLUS loan or unsubsidized loan, you'll be responsible for the interest that accrues during deferment.
Deferment options are based on the date you first received your loan. Receiving a deferment isn't automatic; you must request it through your lender. You must also continue making loan payments until the deferment has been granted.
Deferment Types and RequirementsTo download deferment forms, visit our 'Deferment Forms' page. Don’t forget to contact your lender to discuss your options!
• In-School
• Parent and Grad PLUS loans
• Internship/Residency
• Graduate Fellowship and Rehabilitation Programs
• Unemployment
• Economic Hardship
• Temporary Total Disability
• Teacher Shortage
• Military
• Post-Active Duty
• Parental Leave and Working Mother
• Public Service (Armed Forces, Public Health, Peace Corps, ACTION Program, Tax-
Exempt Volunteer Organization and National Oceanic & Atmospheric Administration)
More information is available from your lender. You can also contact our Early Assistance department at 405.234.4340, 800.358.5460 (toll-free) or WeCanHelp@ogslp.org.
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