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What is the difference between a deferment and a forbearance on my Federal loans?

April 26, 2017deferment difference Federal forbearance Loans

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What is the difference between a deferment and a forbearance on my Federal loans?

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During periods of deferment and forbearance, your loan repayments are suspended. The difference between the two with respect to your Federal loans is in the interest accrual. Federal Subsidized Stafford and Federal Direct Subsidized Stafford Loans do not accrue interest while the student is in school, during the grace period and during periods of deferment. During periods of forbearance, interest is always charged.