Is it possible to postpone repayment of a PLUS Loan?
Yes. Under certain circumstances, parents can receive a deferment or forbearance on their loan. However, since all PLUS loans are unsubsidized, parents will be charged interest during periods of deferment or forbearance. If you do not pay the interest as it accrues, it will be capitalized to the principal balance at the end of the deferment or forbearance period.
Yes. You can receive a deferment on your loan as long as you remain enrolled in school at least half-time. However, since all PLUS loans are unsubsidized, you will be charged interest during periods of deferment or forbearance. If you do not pay the interest as it accrues, it will be capitalized (added to the principal balance).
