Can I defer my student loan payments if I am facing financial hardship?

Yes, you may be eligible to defer your student loan payments if you are experiencing financial hardship. American Education Services (AES) offers multiple deferment options to help borrowers during challenging times. These deferment programs allow you to temporarily stop making payments on your student loans, giving you financial relief. Common qualifying circumstances for deferment include unemployment, economic hardship, military service, and enrollment in school or rehabilitation programs. It is important to note that deferment eligibility varies depending on your loan type and program specifics. You should contact AES directly or visit their website's deferment section for detailed information, eligibility requirements, and application procedures. AES aims to assist borrowers in navigating financial difficulties and finding solutions that best suit their individual situations.