Can I ever postpone making loan payments?
Yes under certain circumstances you may qualify for a deferment (https://www.dl.ed.gov/borrower/DefermentFormList.do?cmd=doView) or forbearance (https://www.dl.ed.gov/borrower/ForebearanceFormList.do?cmd=doView).
Examples:
* Parent returns to school at least half-time
* Parent is unemployed and qualifies for economic hardship
* Parent is serving on active duty during a war or other military operation.
If parents don’t qualify for a deferment but are temporarily unable to make payments, they may qualify for a forbearance.
Note: Effective for loans first disbursed on or after July 1, 2008, parent PLUS borrowers may opt to defer principal payments on their PLUS loans for up to six months after the student graduates or is enrolled less than half time. Parent’s will need to contact the Direct Loan Servicing Center at 1-800-848-0979.