Delay or Postpone Your Student Loan Repayment College graduates emerge with debt that proves cumbersome, especially at first, when employment prospects are entry-level. Flexible repayment programs and other accommodations, like deferment, forbearance and built-in grace periods provide relief for student borrowers when they need it most, protecting them from repayment defaults and other unsavory credit consequences. Loan deferment programs allows borrowers to delay loan repayment for a specified term, providing practical solutions for a number of irregular repayment situations. Loan deferment is a viable option: When you return to school, or undertake medical residency or internship If you become unemployed, disabled, or experience a period of economic hardship While you’re pregnant, or caring for a newborn or have just adopted a child If you’re a teacher in a high-need area If you work in public service College students with limited credit need to protect it at all costs, so defaulting on student loans is never an option. Use flexible repayment strategies, offered by the Federal Government, to satisfy your student loan obligations. And if you are unable to pay, address the issue head-on, before your account is in arrears. Federal Consolidation Loans provide another alternative for heading off repayment difficulties. The program allows borrowers holding more than one student loan to group them together, into a single loan. The results, for some fortunate borrowers, are manageable repayment plans that often carry lower interest rates than the original loans. In-School Deferment: A Popular Choice Attend school at least half-time, as an undergraduate or graduate student, and you are eligible for student loan deferment on federal loans and private student loans. Deferment options include opportunities to put your Stafford, Perkins and PLUS loan payments on hold, and you can defer loan interest and principal. Kristina MurrayKristina Murray extensive work experience that varies from programming to PR, I have come to learn that my passion is in digital transformations, digital business development and digital strategy. The analysis of data to improve an online position for any company is what drives me. – Digital Business Development / Strategy – Social networking strategy. – Digital advertising – E-Comercio