Deferment Information

• What is a deferment?

  A period of time during repayment in which you, if eligible, may suspend your loan payments.

• Can payments be made during my deferment?

  Yes, payments may be made at any time during the deferment.

• What is the benefit of a deferment over a forbearance?

  The primary advantage is the potential interest savings. During a forbearance, you are responsible for the accrued interest. During a deferment, only borrowers with Unsubsidized Stafford, Parent PLUS and GradPLUS loans are responsible for the interest that accrues.

• How do I request a deferment?

  It is your responsibility to complete a deferment request and to provide MOHELA with any necessary documentation to support your eligibility.

• What types of deferments are available?

  Deferments are available for a variety of situations including the following:

  • Unemployment
  • Graduate Fellowship Programs
  • Internship/Residency Programs
  • In-School
  • Disability
  • Economic Hardship
  • Volunteer Service
• What if I am delinquent prior to the time period that I am eligible for a deferment?

  Whenever possible, MOHELA will grant a forbearance on your loan to cover the delinquency until the deferment begins. If you are more than 6 months (210 days) delinquent, please call 888.866.4352 to discuss your options.

• Will I be notified when a deferment is placed on my loan(s)?

  Yes, MOHELA will send a letter advising you if the deferment was approved or denied on your loan(s). If applicable, we will also send a letter advising you of any forbearance placed on the loan for any delinquency prior to the deferment.