Under OneSimpleLoan®, you are eligible to defer, or postpone, payment on your consolidation loan while you are:

Enrolled at least half time at an eligible school
Engaged in a full time course of study in a graduate fellowship program
Engaged in a full time rehabilitation training program for individuals with disabilities (if the program is approved by the Department of Education)
Conscientiously seeking, but unable to find, full-time employment (up to three years)
Experiencing an economic hardship as determined by federal law, including service as a Peace Corps volunteer (for up to three years)

Your servicer may allow you to reduce your payment amount, extend repayment length, or temporarily stop making payments if you apply for forbearance. However, a forbearance is granted at the discretion of your servicer, and you may be asked to provide reason or documentation to prove your eligibility. You remain liable for the interest that accrues on the loan during the forbearance period.

Your OneSimpleLoan® program servicer is required to grant a forbearance if you:

Are serving in a medical or dental internship or residency program, if you meet certain criteria.
Are serving in a national service position for which you receive a national service education award under the National and Community Service Trust Act of 1993.
Qualify for partial repayment of your loans under the Student Loan Repayment Program, as administered by the Department of Defense.
Have a monthly debt burden for Title IV loans that collectively equals or exceeds 20% of your total monthly gross income.