Can I defer or postpone my loan payments?

Yes, you can defer or postpone your loan payments with Nelnet Loans. If you are facing difficult financial circumstances, such as unemployment or economic hardship, you may be eligible for a deferment or forbearance. Deferment allows you to temporarily postpone payments on your loan, usually without accruing interest. This option is available for various reasons, including enrollment in school, active military duty, or economic hardship. Forbearance, on the other hand, temporarily reduces or postpones your payments, but interest may continue to accrue. It is typically granted for short-term financial difficulties. To determine your eligibility and request a deferment or forbearance, you should contact Nelnet Loans directly and provide necessary documentation to support your request.