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Student Loan Accounting


Financial Services


 


Loan Deferment

ConditionLoans made
on or after
7/1/87
Loans made
on or after
7/1/93
Period of
Deferment
Enrolled at least as a half-time
student in an institution of higher
education
EligibleEligibleUnlimited
Deferment
Members of The U.S. Armed
Forces (Full-time active duty)
education
EligibleNot Eligible3 Years
Peace Corps Volunteer ServiceEligibleNot Eligible3 Years
Volunteer under a domestic
volunteer service act of 1973
EligibleNot Eligible3 Years
Serving a eligible internship or
residency
EligibleNot Eligible2 Years
Volunteer in a nonprofit, tax
exempt organization (certification
required). (1) full year service
EligibleNot Eligible3 Years
Temporarily totally disabledEligibleNot Eligible3 Years
Active Duty in The National
Oceanic and Atmospheric Admin.
Corps
EligibleNot Eligible3 Years
Enrolled and in attendance in a
course of study that is part of a
rehabilitation training program for
disabled individuals
Not EligibleEligibleUnlimited
Deferment
Unable to find full-time
employment
Eligible Eligible3 Years
Economic HardshipEligibleEligible3 Years
Engaged in service listed under
cancellation conditions
EligibleEligibleEmployment
period