Under specific circumstances, it is possible to get durations of forbearance or deferment that enable one to postpone loan payment.
Postponing Loan Repayment (Deferment and Forbearance)
These periods don’t count toward the amount of time you must repay your loan. You can’t get yourself a deferment or forbearance for a loan that is currently in default. *
What exactly is deferment?
A deferment is a period during which no re re payments are needed and interest will not accrue (accumulate), until you have actually A stafford that is unsubsidized Loan.more