Unemployment DefermentAre you working less than 30 hours per week? Are you looking for full-time employment? Are you registered with a job service or receiving unemployment benefits? If you can answer yes to all of these questions you qualify for an Unemployment deferment.
Unemployment deferments are typically granted in 6-month increments. Maximum unemployment deferment time allowed:
- 2 years for borrowers with outstanding loans received prior to July 1, 1993
- 3 years for borrower with all of their outstanding loans received after July 1, 1993
If you need assistance with yourdeferment, call our Default Prevention Counselors at (877) 293-8946 or email us.