A deferment enables you to reduce or postpone temporarily re payments on your own loan(s) if you’re going back to university, likely to graduate college, or entering an internship, clerkship, fellowship, or residency.

What exactly is education loan deferment?

If you’re wondering just how to balance spending your undergraduate loans with time for university, attending graduate college, or dealing with an internship, clerkship, fellowship, or residency, a deferment can help.