Deferment

An approved temporary suspension of loan payments based on certain events and criteria. If you decide to return to school at any time, and attend with an enrollment status of half-time or greater, your loans may return to deferment status. This additional deferment period ends when your enrollment drops to less than half-time. Your payments will begin the following month. If you do not qualify for a deferment, you may be able to get a forbearance. You cannot get a deferment if your loan is in default.