Financial Services
Deferments
A borrower is entitled to have the repayment of a Federal Perkins Student
Loan or Institutional Student Loan deferred under certain circumstances. A
deferment is a period of time during which the borrower is not required to
repay the principal of the loan.
In order to qualify for deferment, you must meet specific eligibility requirements
for that particular deferment type. To apply for deferment, download the appropriate
form. Complete the form as instructed. Be sure to provide supporting documentation
of your financial situation to support your request. All deferment forms are
processed at The University. Please mail, e-mail or fax your request. You will
receive an approval letter, denial notice, or request for additional documentation
promptly. The following forms may be downloaded for your convenience.
Deferment Forms
Student Deferment - You may be eligible for deferment if you are enrolled at least half time as a student at an eligible accredited institution in the U.S. , or at a comparable institution outside the U.S. If you are attending school, we will only process your student deferment for the CURRENT term.
Economic Hardship Deferment – If you are suffering an Economic Hardship you may be eligible for an Economic Hardship deferment. If you receive public assistance such as Families with Dependent Children, Food Stamps, or Supplemental Security Income you may be eligible for this type of deferment.
Unemployment Deferment – If you are working under 30 hours per week or unemployed you may be eligible for an Unemployment deferment.