Fed Financial
How can I defer student loans while in military?
I just joined the NAVY& I want to defer my student loans until I'm at least finished with "a" school. I have federal as well as state loans. Do I need to contact my school or fafsa?
Public Comments
- You need to contact the lender of your loans. If you had direct federal loans your lender may be Direct Loans, 1-800-557-7394. If your school does use the Direct Loan program, then it would be a different lender. You can check nslds.ed.gov to locate the lender of all your Federal Loans. You will have to complete a deferment form and send it to your lender. However, the first thing you need to do is, Check with a classified (the person you talk to after you get out of boot camp about your A-school, job ect) in the Navy. The Navy has programs to help you pay back your student loans. You may qualify to have the Navy pay them off for you. Which is much better then having them deferred! Good luck!
