Deferment

If you find you need to postpone repayment on your federal student loans, a deferment may be the best option. As long as you meet certain specified conditions, you are entitled to a deferment on your federal loans. You must request deferment from Iowa Student Loan and demonstrate that you meet specific conditions for the type of deferment.

Use the links at the left to learn more about the types of deferment available for federal student loans.

If you have unsubsidized Stafford, Parent PLUS or Grad PLUS Loans, when you defer payments, interest will accrue and will be added to your loan; therefore, deferring payments for an extended period of time may substantially increase your loan balance. Iowa Student Loan strongly encourages you to make payments that at least cover your accrued interest to avoid increases in your loan balance.

If you have private loans through Iowa Student Loan, you may also be eligible for deferment. Contact Iowa Student Loan for assistance with a private loan deferment.