Can I defer my Sallie Mae student loan payments if I go back to school?

Asked a year ago
Yes, Sallie Mae allows you to defer your student loan payments if you choose to go back to school. Deferment allows you to temporarily pause your payments while you are enrolled at least half-time in an eligible program. You can apply for deferment through your online account or by contacting Sallie Mae's customer service. During deferment, interest may still accrue on your loans, so it's important to consider the financial implications. However, by deferring your payments, you can focus on your education without the burden of immediate loan repayment. Make sure to review your loan terms and conditions, as eligibility criteria and specifics for deferment may vary depending on your loan type and agreement with Sallie Mae.
Adam Goldkamp is the editor / author responsible for this content.
Answered May 3, 2024

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