Learn whether it's possible to make payments on federal loans

February 19, 2010
Todd D. Bramson, CFP

Todd Bramson, CFP, CLU is a financial adviser with North Star Resource Group in Madison, WI.

Deferred loans are addressed

A: Regardless of the status of your loans, you always are entitled to make payments on the loans. Most borrowers choose not to make payments during periods of deferment, although it is allowed. The federal government pays the interest on subsidized federal loans during periods of deferment. The borrower always is responsible for the interest on unsubsidized loans.