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EDUCATION RELATED DEFERMENT REQUEST Avila  Form

EDUCATION RELATED DEFERMENT REQUEST Avila Form

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in this video we're going to discuss what it means to defer student loans so let's say that you have some federal student loans and for whatever reason you're having difficulty paying those loans in some cases you may be able to apply for and receive a deferment from your loan servicer which allows you to postpone repaying your loans for a while and basically you can postpone not just the interest but also the principal both the principal and the interest you do not have to pay matter of fact if they are subsidized loans let's say it's a Perkins loan for example so it's a subsidized uh Federal Loan then the government will continue to pay the interest during the period of the deferment so if you get a deferment for a year the government will pay the interest during that year however if it's an unsubsidized loan and you receive a deferment then you're going to be responsible for the interest during that deferment of course

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