Deferment refers to Debt status that allows you to temporarily suspend student loan payments. Generally, when you have a subsidized loan, there will be no interest on your balance until you continue to make your payments.
Meanings of Deferment
To postpone something later Action or process
Sentences of Deferment
Synonyms of Deferment
putting off, interruption, postponement, pause, adjournment, suspension, arrest, delay, rescheduling, putting back, deferral, shelving