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Borrowers sometimes find themselves in a situation where they have trouble making payments on federal student loans, or they re-enroll in school while their loans are in repayment. If you fall into either of these categories you may be eligible to receive a deferment on your student loan. Deferments are an entitlement from the federal government and are granted for specific situations. Deferments also have certain time limitations and conditions for eligibility. When student loans are deferred, a borrower is not required to make payments on those loans. If the loan in deferment is a subsidized federal Stafford loan, the federal government will pay any interest that accrues during the deferment period for you. However, if you have an unsubsidized federal Stafford loan, you will be held responsible for any interest that accrues during the period of deferment. If you have questions or need more details on how to qualify for a deferment on your student loan, contact your lender or servicer.
Depending on the type and original date of your federal student loan(s), you may qualify for different types of deferments.
If your loan(s) were disbursed on/after July 1, 1993 you may qualify for one of the following types of deferments
If your loan(s) were disbursed before July 1, 1993 you may qualify for one of the following types of deferments
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