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Instructions and help about in school deferment form expiration date 8 31 2021

welcome back this is part three in our series on federal student loans in part one we cover the details of income centric plans like pay as you learn and revise as you learn in part two we cover discretionary income and how it's used under these plans to figure out what your payment will be and today we're going to go a little broader and part 3 we're going to talk about deferment forbearance and what happens to your federal student loans where they are forgiven under these Quinten let's get started Music many people hear the terms deferment and forbearance and I really don't understand the difference in terminology and while it is true that with both of these you're not paying your loans or your principal or interest back for a period of time the ways that they could affect your loans are very different depending on the type of strategy you're using and the type of loans that you have what are some of those differences deferment means that for a period of time you're not paying the lo

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