What happens if I stop paying and my deferment is not approved?
Your loan will be considered delinquent and then go into default.
I have a loan forbearance beacause of COVID-19. is there any relief of student loans payments because of COVID-19?
Yes, federal student loan borrowers are automatically being placed in an administrative forbearance to temporarily stop making loan payments from March 13, 2020 to Sept. 30 2020.