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There is now a true student loan available to foreign-enrolled students at many medical schools in the Caribbean and elsewhere For US students that enroll directly in a foreign school for their undergraduate or graduate education, funding options are more limited than students in the US.

Depending on your type of loan, the deferment will not only allow you to stop making payments on the principal, but it will also stop interest from accruing on the unpaid balance.

For other types of loans, you are only allowed to defer the principal of the loan, meaning that interest on your loan will continue to increase during the time you are not making payments.

Don't panic, there are a few options for student loan repayment.

Student Loan Repay Options There are several options that are available to you when you cannot make the payments on your student loans.