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May 10, 2010

Loan Deferment

Loan deferment might be a good choice for students facing temporary financial challenges. Most college loan payments can be deferred for a few months when students are enduring economic hardships, unemployment, military deployment or enrolled in school at least half-time.

Students must apply for loan deferment through the loan provider. College loans that qualify for deferred payments include: Parent PLUS, Graduate PLUS, Stafford, federal, and private student loans. Students that have entered into college loan consolidation may also qualify for loan deferment.

Real Estate Investing article on "Loan Deferment"