POSTPONE REPAYMENT

In certain circumstances you may delay repayment beyond graduation – for example, if you go back to school or have a temporary economic hardship.

Regardless of your situation, it’s important that you act quickly to avoid default and maintain your good credit.

Delay Repayment of a Federal Stafford Loan

You may be eligible to postpone your payments by applying for a deferment or forbearance. A deferment can temporarily stop loan payments. Forbearance lets you temporarily stop loan payments or reduce their amount.

Delay Repayment of a Federal PLUS Loan for Parents

When eligible, a deferment can temporarily stop loan payments. If you apply for forbearance, you can forgo making monthly payments for up to four years.

Delay Repayment of a Federal PLUS Loan for Graduate Students

If you're ever unable to make your loan payments, you may be eligible for a temporary deferment or forbearance. This allows you to forgo making monthly payments.

Delay Repayment of a Wachovia Education Loan^SM

Need to delay or reduce your monthly payments? Find out how to extend your "in-school" status or apply for forbearance.

Let Us Help

If you need to postpone or reduce your payments, please notify our Customer Service Department at (877) 689-0763, or call your loan servicer for more information.

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