What You Need to Know About Student Loans

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  • The Interest Is Not a Game
  • What’s a Grace Period?
  • But What’s Deferment?
  • And Forbearance?
  • Either Way You Gotta Pay Up
  • Should I Consolidate?
  • student loan debt
  • Not All Loans Are the Same
  • Fill Out an FAFSA
  • Read the Fine Print
  • Don’t Take Out More Than You Need
  • Subsidized Loans
  • Unsubsidized Loans
  • Direct Plus Loans

What's Deferment?

When you can temporarily stop making payments for certain reasons such as working in public service, being a working mother on parental leave or are on temporary disability. You’re not charged interest during deferment with subsidized loans, but interest will continue on your unsubsidized loans and PLUS loans.

(photo: GettyImages)

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