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Loan Deferment

Under certain circumstances, a student may be eligible for a loan deferment or forbearance which allows the student to temporarily reduce or postpone the repayment of student loans. Borrowers should work with their loan servicer to determine eligibility for deferments or forbearances and continue making payments until the deferment or forbearance is finalized.


  • Deferments allow a borrower to temporarily delay loan repayment due to a qualifying event such as returning to school, participating in an internship or residency program, active military duty during a war or national emergency or economic hardship.
  • During a deferment, payments are not required. Subsidized loan interest will be paid by the government while on a deferment. The borrower will be responsible for accrued interest on unsubsidized loans while on deferment.
  • If you are returning to school and will be enrolled at least half-time in a degree program, you may qualify for a loan deferment. The Office of the Registrar can certify your enrollment at Iowa State University. Submit all In School At Least Half-Time Deferment forms to:

    Office of the Registrar
    214 Enrollment Services Bldg
    Ames, IA 50011
    Phone: (515) 294-1840


  • Forbearances allow a borrower to temporarily stop making payments or reduce your monthly payment for up to 12 months if the borrower does not qualify for a deferment.
  • The borrower will be responsible for interest on subsidized and unsubsidized loans during a time of forbearance.
  • Borrowers should discuss their eligibility for forbearance with their loan servicer.