Can you postpone Federal Perkins Loan repayment?

You can postpone repayment on your Federal Perkins Loan if you qualify for hardship provision programs. Such programs include deferment and forbearance, but these options are extended only if you cannot meet repayment obligations without sustaining undue hardship. Thankfully, all students are granted a nine-month grace period after graduation in which to find employment and an income. If you return to school at least half-time prior to the end of this grace period, you may defer repayment until after you finish school, and you will be granted another grace period. 


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