Financial Aid - Forbearance, Deferred and Extended Payments for Federal Loans

Deferments, forbearance and extended repayment plan options are available with Direct Loans. 

  • Deferments and Forbearance
    • Deferments - temporarily delay your principle and interest payment
    • Forbearance - stop making payments or reduce your monthly payment for up to 12 months if you are temporarily unable to make loan payments due to poor health or other acceptable reasons. 
  • Extended repayments - make lower monthly payments over a longer period of time.


Direct Loan Servicing capitalizes all unpaid interest including:

  • Upon entering repayment.
  • Upon expiration of a deferment period.
  • Upon expiration of a forbearance period.
  • Annually if you are repaying under the Income Contingent Repayment (ICR) plan in which payments do not cover monthly interest accrual.

Bookmark, Share, or Email this page Get Help