When the benefitting student of the PLUS loan you obtained is enrolled at least half-time at a Title IV school, you can request to have your PLUS loan put on a deferment. The deferment would be applied to place your payments on hold for the duration of the student’s enrollment, as long as they continue to be enrolled at least half-time.
As an added benefit, you may also request a six-month post-enrollment deferment after the benefitting student drops below half-time enrollment and/or graduates.
Give us a call at 855.337.6884 or email us to see if you qualify for these deferments and have them applied to your account today!
Learn more about PLUS Loans