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What is a deferment? What deferments are available?

deferment Deferments
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What is a deferment? What deferments are available?

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A deferment allows you to postpone the payment of your loan. You are entitled to defer your student loan payments when certain eligibility criteria are met and you request a deferment. There are nine deferment forms available that cover many deferment types. The most common deferments are in-school, unemployment, economic hardship, graduate fellowship, and rehabilitation training. To apply or get further information about deferment, contact your lender, servicer, or TG. You also can get information and download the correct forms from TG Online at www.tgslc.org/forms/frms_def.cfm.

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