Student Loan Deferment Calculator

Student Loan Deferment is a student loan repayment option that allows a borrower to temporarily postpone student loan payments during the repayment period.

Most federal student loans offer a deferment period of up to 3 years. Private student loans don’t always have student loan deferment as an option.

Student loans in deferment often (but not always) accrue interest. Use the Student Loan Deferment Calculator below to determine how much interest you might accrue during deferment.

Before DefermentAfter DefermentSavings
Student loan balance
Monthly payment

Student Loan Deferment Calculator FAQs

1. Am I eligible to defer my student loans?

That depends. If you have federal student loans, you may be eligible for deferment for up to three years. You can learn more about deferment here.

Private student loans may or may not be eligible for deferment. Check with your lender to see if you’re eligible for deferment.

This calculator is not able to determine eligibility for deferment. It’ll only calculate the estimated costs of putting your unsubsidized loans (see below for more detail) into deferment.

2. How long can I defer my student loans for?

This varies, but you may be able to defer your student loans for up to three years (36 months) while in repayment.

After graduation, the standard grace period is six months from your graduation date.

3. Do my student loans accrue interest while in deferment?

That depends on the type of student loans. Any unsubsidized student loans will generally accrue interest during deferment periods. However, subsidized student loans will typically not accrue interest while in deferment.

Generally, private student loans will accrue interest while in deferment as well.

4. What’s the difference between deferment and forbearance?

Great question! You can learn more about the difference here.

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