How long will it take to apply the deferment to my account?

It takes 5-7 business days for a deferment request to be approved or rejected. You will receive an acknowledgement in the mail if your deferment request is approved and applied. No further action is required from you. If the request is rejected, you will be notified by mail as to the reasons why. If it is rejected due to incomplete information, you may resubmit the request.