<p>Just got notice that first payment on my PLUS Loan for D is due Feb. 25. They gave the options such as deferment, etc. If I defer this year, does that effect my ability to get PLUS loan next year? If I go ahead and start making payments, will that actually help when I reapply? Does paying interest only make any sense? What has been everyone else’s experience in this situation???</p>
<p>Deferment won’t affect future ability to borrow, either positively or negatively. Prepaying also won’t make any difference. If you do defer, making interset payments is a good way to keep the loan from growing larger than it has to be.</p>