Are there any deferment options for Citi Student Loans?
Asked 3 months ago
Yes, there are deferment options available for Citi Student Loans. Deferment allows borrowers to temporarily postpone their loan payments under certain circumstances. Common situations that may qualify for deferment include enrollment in college at least half-time, active military duty, or certain types of economic hardship, such as involuntary unemployment or receiving public assistance.
While your loans are in deferment, interest may not accrue on certain types of loans, such as subsidized federal loans. However, for other loan types, interest may continue to accumulate during the deferment period. It is essential for borrowers to understand the specific terms of their loans, as they can vary based on the loan type and the borrower's circumstances.
To explore deferment options further and assess eligibility, it is advisable to review the current information available on the official Citi Student Loans website. There, borrowers can find additional details and resources related to deferment and other options for managing their student loans.
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