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Stafford Loan - Can I defer later if i take a semester off?

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  • Stafford Loan - Can I defer later if i take a semester off?

    I wish to take this semester off for personal reasons and this will be the second semester since i started taking out loans, so 6 months after last semester I have to start paying back is how i understand it.

    But if i take this semester off, and go back in the fall, how will that work? I read up on the deferment and it said that was one of the reasons the loan could be deferred. However I just want to ask here before i mess something up and end up costing myself a lot of money.

  • #2
    Your loans will be deffered, but interest may accrue on them.
    Brian

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