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What is a student (Type S) deferment?

deferment s student type
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What is a student (Type S) deferment?

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A student deferment is granted to borrowers who re-enter school after their original grace period ends. Student deferments deter the actual bills for the period in which the borrower is enrolled. Following this type of deferment, the borrower is granted a six-month post-deferment grace period.

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