Deferment. Allows you to postpone payments on federal student loans. No interest will accrue on any portion of your loans which are subsidized.Get detailed information about scholarships, student loans, and the payment plan to help shape your academic path. If you are eligible for a loan, an offer will be included on your financial aid offer letter. Calculate how much you can borrow. The student financial aid award letter includes a Budget. Answers for frequently asked questions about undergraduate financial aid at Clark University. Gov before you can apply for any student loans. 1. 1. Enter the name and contact information of the mortgage servicer. SSU Classic Catalog.