For some loans, you will be required to continue to pay the interest
charges during the deferment.
Interest is
charged during the deferment period and Unpaid Interest may be added to the Current Principal at the end of each deferment period, which will increase the Total Loan Cost.
On some types of loans, the government will pay the interest
charges during a deferment.
Not exact matches
However, unless you have subsidized loans, interest
charges will continue to accrue and the size of the loan will continue to grow
during the
deferment period.
You will not be
charged interest on subsidized loans
during a
deferment period.
For subsidized loans, borrowers are not
charged any interest before the repayment period begins or
during authorized periods of
deferment.
If your loan does not
charge interest
during the
deferment period, making payments will reduce your principal balance, which is also beneficial.
Interest is
charged on all loans
during both
deferment and forbearance, but who pays the interest can vary.
Defer payment items returned
during the
deferment period will have the
charge and credit processed at time of return, which may result in
charges to your credit card prior to the expiration of the 90 day
deferment.
During the extended
deferment period, all applicable
charges will get deducted.