Yes, it is possible to defer loan payments with Navient under certain circumstances. A deferment is a temporary period during which the borrower is not required to make payments on their student loans. This option is often available for various reasons, such as financial hardship, enrollment in school, or other qualifying situations defined by the loan terms.
To initiate a deferment, the borrower typically needs to check their eligibility based on their specific loan type and circumstances. It is also essential to provide the necessary documentation to support the request for deferment. Navient offers different deferment options, including those for economic hardship, military service, or specific educational deferments.
It is recommended for borrowers to review the information available on the official Navient website to understand the specific requirements and processes for obtaining a deferment. This site is likely to provide the most accurate and up-to-date information about the deferment options available, along with any required application forms or procedures to follow.