Deferment Options for Parent PLUS Loans
When the benefitting student of the PLUS loan you obtained is enrolled at least half-time at a Title IV school, you can request to have your PLUS loan put on a deferment. The deferment would be applied to place your payments on hold for the duration of the student's enrollment, as long as they continue to be enrolled at least half-time.
As an added benefit, you may also request a six-month post-enrollment deferment after the benefitting student drops below half-time enrollment and/or graduates.*
* For loans disbursed on or after July 1, 2008
Give us a call at 855-337-6884 or email firstname.lastname@example.org to see if you qualify for these deferments and have them applied to your account today!