Financial Aid
Deferment Conditions

Deferment Condition

Federal Loans*

Enrolled in at least half-time study at a post-secondary school

Yes

Study in an approved graduate fellowship program or in an approved rehabilitation training program for the disabled

Yes

Unable to find full-time employment

Up to 3 years

Economic hardship

Up to 3 years**


*For PLUS Loans and unsubsidized student loans, only principal is deferred. Interest continues to accrue.
** Many Peace Corps and VISTA volunteers will qualify for a deferment based on economic hardship.