Student Loan Deferment

Deferment

Period of time when a borrower may suspend student loan payments if certain conditions are met.

Types of Deferment

Deferment Type	Deferment Time Limits	Eligible Loans
In-school Full-time	No time limit.	Federal Subsidized and Unsubsidized Stafford, SLS, PLUS (Parent and Graduate/Professional) and Consolidation Loan

In-school Half-time Note: Eligible borrowers include those with their first loan disbursed on or after July 1, 1987.	No time limit.	Federal Subsidized and Unsubsidized Stafford, SLS, PLUS (Parent and Graduate/Professional) and Consolidation Loan

Enrolled in Approved Graduate Fellowship Program	No time limit.	Federal Subsidized and Unsubsidized Stafford, SLS, PLUS (Parent and Graduate/Professional) and Consolidation Loan

Economic Hardship (Earning less than minimum wage, poverty level, or other condition specified in deferment criteria and first loan disbursed on or after July 1, 1993.)	3 year limit.	Federal Subsidized and Unsubsidized Stafford, SLS, PLUS (Parent and Graduate/Professional) and Consolidation Loan