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What deferments are available on a Federal Consolidation loan?

April 26, 2017consolidation Deferments Federal loan

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What deferments are available on a Federal Consolidation loan?

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As a Federal Consolidation loan borrower, you may defer payment of the principal and interest during certain periods. Deferment options available to you depend on two factors: when your Federal Consolidation loan was disbursed; and if after the consolidation, you still have an outstanding principal or interest balance on a federal student loan disbursed before July 1, 1993.