A deferment is a period of time during repayment in which the borrower, upon meeting certain conditions, is not required to make payments of loan principal. Interest does continue to accrue during these periods of deferment. For some loans, the federal government pays the interest during the deferment. On others the borrower is responsible for the accrued interest either by making monthly interest payments or having the interest capitalized.

You can request a deferment from PPSLC by:

• Downloading the appropriate form
• Completing and signing the form Mailing the form to:

  PPSLC
  PO Box 839
  Canyon TX 79015

• ... or by faxing the form to us at 806-655-7765

Remember that each of your deferment requests must be approved before your loan payments will be suspended. Please allow adequate time for us to receive and process your deferment forms.

You can obtain information concerning the status of your account by calling our customer service department at 800-736-5727 or by using the Online Account Access feature of this web site.