Things You'll Need:
- Financial aid statemen
- List of lenders
- List of student loans
-
Step 1
Determine how many lenders you have. If you have more than one, you may find it easier to defer your loans by consolidating to one lender first. See the eHow article “How to Consolidate Student Loans.”
-
Step 2
Contact your lenders to determine which type of deferment you qualify for. If you do not qualify for a deferment, you may qualify for forbearance. Forbearance will delay your student loans for a limited time and is often an option for student loans that have been in default.
-
Step 3
Obtain all necessary forms and due dates from your lenders.
-
Step 4
Complete two copies of all necessary forms for each lender, one to keep for your records and one to submit.
-
Step 5
Submit the forms to your lenders before the due date.
-
Step 6
Follow up with your lenders to ensure that your forms were received and that your request is being processed.
-
Step 7
Keep all written documentation regarding your deferments as long as your loans are in deferment.
