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FORBEARANCE
 

Having difficulty making your student loan payments?

Before you begin, review deferment and repayment plan options, including Income-Based Repayment.

Log in or Register to use the Online Forbearance Assistant. Information pre-filled for convenience.

Learn about Capitalized Interest.

Note: You will need Adobe® Acrobat® Reader® to view and print forms. If you do not currently have Acrobat Reader installed, download it for free here.

Note for Co-Makers (spousal consolidation or PLUS loan made before April 16, 1999 to two parents): To be eligible for a forbearance on a loan with co-makers, each co-maker must individually request and meet the requirements for the same or a different forbearance. Each co-maker must complete a separate form.

Forbearance Options

Click on each form for detailed eligibility requirements

Brief Description of Eligibility Requirements

Form

Online Forbearance Assistant

Financial Hardship Willing but unable to pay due to financial circumstances?

Have you reviewed Income-Based Repayment?

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Student Loan Debt Burden (formerly called Economic Hardship) Monthly student loan payments more than 20% of your monthly income?

Have you reviewed Income-Based Repayment?

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Medical or Dental Internship/Residency Participating in a supervised training program required for certification for a professional practice or service.

This option is available if you meet the following qualifications: You are not eligible for deferment or have exhausted your eligibility for deferment based on serving in a medical or dental internship or residency program.

Authorized Official's Certification Required.

If you want your forbearance to end earlier than the ending date provided by the authorized official, please complete the date in Section 2. If not, leave blank.

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National Guard State Duty You are a member of the National Guard and a governor activated the National Guard for state duty of at least 30 consecutive days.

You do not qualify for the military service deferment or other deferment while engaged in active military state duty.

A copy of your orders may be used as an alternative to an Authorized Official's Certification.

If you want your forbearance to end earlier than the ending date provided by the authorized official, please complete the date in Section 2. If not, leave blank.

For information on the Military Deferment

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Department of Defense Student Loan Repayment Program You may qualify based on your performing the type of service that qualifies you for partial repayment of your loan under any Department of Defense Student Loan repayment program, not just the program administered under 10 U.S.C. 2171 listed on the forbearance form.

Authorized Official's Certification Required.

If you want your forbearance to end earlier than the ending date provided by the authorized official, please complete the date in Section 2. If not, leave blank.

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Teacher Loan Forgiveness Forbearance Request You may be eligible for the forbearance if you are performing qualifying teaching service as a full-time teacher, your school meets eligibility requirements, your loan type is eligible for teacher loan forgiveness, and you have not yet completed your fifth year of teaching service.

Your outstanding loan balance, including accrued interest, must be no greater than the maximum Teacher Loan Forgiveness amount for which you would be eligible, based on the subject you are teaching.

For more information, carefully read Sections 3 through 7 of the form.

Authorized Official's Certification Required.

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National and Community Service Serving in an approved national service position (example: AmeriCorps) that qualifies for forbearance.

You may apply for this forbearance at AmeriCorps.gov. Follow the instructions for How to Apply for Forbearance. Your request will be sent to us electronically.

Or, you may send us a completed form with an Authorized Official's Certification.

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Disaster Living in a geographic area designated as a disaster area by a state or national government. Contact Us

Forms Available to Download

Financial Hardship
Student Loan Debt Burden
Medical or Dental Internship/Residency
National Guard State Duty
Department of Defense Student Loan Repayment Program
Teacher Loan Forgiveness Forbearance Request
National and Community Service

Spanish Forms Available to Download

Medical or Dental Internship/Residency (Internado/Residencia Médica O Dental)
National Guard (Servicio De La Guardia Nacional)
Department of Defense (Departamento De Defensa)
Student Loan Debt Burden (Carga De Deuda Del Préstamo Estudiantil)

Forbearance for Financial Hardship

The forbearance for financial hardship is an option for the borrower who is willing but unable to make payments. Unlike a deferment, the forbearance is not a right and is granted at the discretion of the lender. Most lenders offer 24 to 36 months of forbearance over the life of a loan. Here are some things to keep in mind about forbearances:

  • As with all forbearances, you are responsible for any accrued interest and are given the opportunity to pay the interest via quarterly statements.
  • Any unpaid interest at the end of your forbearance will be added (capitalized) to the balance of your account.
  • Since the capitalization of interest increases the balance of your loan, your monthly installment may also increase to allow repayment of your loan within the term specified by your promissory note.
  • You will be disclosed of the revised terms of your loan after any interest is added to the balance of your loan(s).

Forbearance will not remove any prior derogatory credit history. You may also be responsible for late charges assessed prior to the receipt date of the forbearance application. Payments will be applied to late charges, if any, before being applied to principal. Try to use the forbearance as a final option for extending repayment. It is always in your best interest to review your deferment eligibility and repayment options before requesting forbearance.

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Forbearance for Student Loan Debt Burden

This forbearance is mandatory, meaning your loan holder must grant the forbearance if you qualify and supply all supporting documentation. Maximum eligibility for this forbearance is 3 years, granted for up to 12 months at a time.

To qualify for a Student Loan Debt Burden forbearance,

  • Your monthly student loan payments are equal to or greater than 20% or more of your total monthly income or you receive no income or receive only untaxed income.
  • You must provide documentation of your total monthly income, if you have income, and total monthly payments on your outstanding Title IV education loans (see the list below).

Title IV education loans include the following:

  • Federal Stafford Loan (subsidized and unsubsidized)
  • Federal Supplemental Loans (SLS)
  • Federal PLUS Loans
  • Federal Consolidated Loans
  • Federal Direct Stafford /Ford Loans (subsidized and unsubsidized)
  • Federal Direct PLUS Loans
  • Federal Direct Consolidated Loans
  • Federal Perkins Loans
  • National Direct Student Loans
  • National Defense Student Loans

Documentation may include:

  • Copies of your most recent monthly statements or repayment schedules on your loans.
  • Copies of your current tax return, most recent pay stubs (within the last 30 days), W-2 forms, dividend statements) unless you do not have income.

Note for co-makers: If you are a co-maker (joint borrower) on the loan, you and the other co-maker must each meet the requirements of a forbearance and complete a separate form.

During forbearance, interest continues to accrue. We will send you an interest statement at the end of each quarter. We will add (capitalize) any unpaid interest to your principal balance at the end of the forbearance period; however, you can minimize this increase by paying the interest as it accrues.

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Medical/Dental Internship/Residency Program

You may qualify for the Internship/Residency forbearance if:

  • You are engaged in a medical or dental Internship/Residency Program in an institution of higher education, hospital, or health care facility.
  • You must not be eligible for or must have used all your eligibility for the Internship/Residency Deferment

Qualifications:Your program must:

  • Be a supervised training program.
  • Be required before you may be certified for professional practice or service or lead to a degree of certificate awarded by an institution of higher education, a hospital, or a health care facility.
  • Require that you hold at least a bachelor's degree before acceptance in the program.

Certification:
An Authorized Official must complete the certification in Section 4 of the form. Or, as an alternative, you may attach separate documentation from an Authorized Official that includes all the information requested in Section 4.

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National Guard State Duty

To qualify, you are a member of the National Guard (including a member who is retired) and a governor activated the National Guard for state duty for a period more than 30 consecutive days. You do not qualify for a military service deferment or other deferment while on active state duty.

Certification:
For National Guard service, you may attach a copy of your orders to the completed form as an alternative to the Authorized Official's certification in Section 4.

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Department of Defense Student Loan Repayment Program

To qualify, you are performing service that qualifies you for partial repayment of your loan under any of the Department of Defense Student Loan repayment programs, not just the program administered under 10 U.S.C. 2171 listed on the forbearance form.

Certification:
An Authorized Official must complete the certification in Section 4. Or, as an alternative, you may attach separate documentation from an Authorized Official that includes all the information requested in Section 4.

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Teacher Loan Forgiveness Forbearance Request

You may be eligible for the forbearance if you are performing qualifying teaching service as a full-time teacher, your school meets eligibility requirements, your loan type is eligible for teacher loan forgiveness, and you have not yet completed your fifth year of teaching service.

Your outstanding loan balance, including accrued interest, must be no greater than the maximum Teacher Loan Forgiveness amount for which you would be eligible, based on the subject you are teaching.

Certification:
An Authorized Official must complete the certification in Section 3.

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National and Community Service

If you are serving in a national service position for which you are receiving a national service educational award under the National and Community Service Trust Act of 1993 (AmeriCorps) you may be eligible for a forbearance.

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Disaster

If you live in an area affected by a disaster, you may be eligible for a forbearance. Contact Us.

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