Can my parents or graduate and professional degree students defer repayment of their PLUS Loan?
Yes, as long as the loan isnt in default.* Generally, the same deferment provisions that apply to Stafford Loans apply to PLUS Loans. Because PLUS Loans are unsubsidized, parents and graduate and professional degree students will be charged interest during periods of deferment. If they dont pay the interest as it accrues, it will be capitalized* (added to their outstanding principal balance). Is there deferment for active military service? An active duty military deferment is available for loans first disbursed on or after July 1, 2001. The deferment may not exceed three years and is available only for periods when the borrower is serving on active duty during a war or other military operation, or national emergency or is performing qualifying National Guard duty under the same circumstances. Therefore, not all active duty military personnel are eligible for this new deferment. Documentation for this deferment may include a copy of military orders or a written statement from the comman
