:: Deferments ::

A deferment allows a delay in payment on a student loan for a period of time. They're granted for specific situations, have time limits and eligibility conditions. You're entitled to a deferment if you meet the guidelines and provide the necessary documentation to your loan holder.

If you have a subsidized loan, the government pays the interest that accrues during a deferment. If you have a PLUS or unsubsidized loan, you're responsible for the interest that accrues.

Deferment options are based on the date you first received your loan. Receiving a deferment isn't automatic; you must request it. You must also continue making payments until a deferment has been granted.


Contact your lender to discuss your options and download deferment forms from our 'Deferment Forms' page.


FFELP Deferment Types and Requirements


Direct Loan deferment forms and information are available on Direct Loan Servicing Online (external link). More information is available from your loan holder or you can contact our Default Prevention department at 405.234.4340, 800.358.5460 (toll-free) or WeCanHelp@ogslp.org.

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NSLDS Student Loan Information         Oklahoma College Savings         Loan Repayment F.A.Q.