When is a deferment a good idea?
When you are temporarily struggling to make your student loan payments.
When is
a deferment not a good idea?
When you have the ability to make payments to bring your account up to date, or when you are
not sure that you will be able to resume payments soon.
During any deferment on an unsubsidized loan, interest continues to accrue, even when you are not required to make payments. As a result, your balance
and payment term are likely to increase.
How
do I apply?
Click on the button below to view and
print a public service deferment request form.
Please read the form carefully to make sure you qualify, and follow the instructions on the form. Mail your completed form
to us at:
Student
Loan Counseling Service, Inc.
P.O. Box 1078
Waterloo, IA 50704-1078
To learn more about the Volunteer
Service Deferment, click here.
If you do not qualify for the public
service deferment, please view any other options on your Results page, or click on the Return to Questionnaire button at the
bottom of this page to make another selection.
Print
Deferment Form
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