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ECONOMIC HARDSHIP DEFERMENT REQUEST Student Access Loan Program / State Service Cancellable Loan Program WARNING: Any person who knowingly makes a false statement or misrepresentation on this form
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How to fill out economic hardship deferment request

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How to fill out economic hardship deferment request:

01
Obtain the economic hardship deferment request form from the appropriate authority or website. This form may also be referred to as an "economic hardship forbearance request" depending on the institution.
02
Fill in your personal information, including your name, address, phone number, and social security number. Make sure to double-check the accuracy of the information provided.
03
Provide details about your financial situation. This may include information about your monthly income, expenses, and any financial hardships you are currently facing. Be honest and thorough in explaining your circumstances to increase the chances of getting approved.
04
Attach any supporting documents that validate your economic hardship claims. These could include recent paystubs, tax returns, bank statements, unemployment benefits documentation, or medical bills. Ensure that all the documents are legible and organized.
05
Review the completed form and attached documents for any errors or missing information. It's essential to provide a complete and accurate application to avoid delays or rejection.
06
Submit the economic hardship deferment request form and accompanying documents through the designated channels. This may involve mailing the form or submitting it online through the institution's website or portal.
07
Keep a copy of the submitted request and all supporting documents for your records. This can be helpful for reference and tracking purposes.

Who needs economic hardship deferment request?

01
Individuals who are struggling financially and are unable to make their student loan payments may need to request an economic hardship deferment.
02
Those who are temporarily unemployed, experiencing a significant reduction in income, facing a medical hardship, or undergoing financial difficulties may qualify.
03
Eligibility criteria for economic hardship deferment may vary depending on the organization or loan provider. It's advisable to review the specific requirements before submitting a request.
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An economic hardship deferment request is a request made by borrowers to temporarily postpone their student loan payments due to financial difficulties.
Borrowers who are experiencing financial hardship and are unable to make their student loan payments are required to file an economic hardship deferment request.
Borrowers can fill out an economic hardship deferment request form provided by their student loan servicer and submit it along with supporting documentation of their financial hardship.
The purpose of an economic hardship deferment request is to provide temporary relief to borrowers who are facing financial difficulties and are unable to make their student loan payments.
Borrowers must report information regarding their financial situation, including income, expenses, assets, and any other relevant financial information on their economic hardship deferment request.
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2014 2015 Georgia lephone SSN Cancelable yyyy TANF SSI oan false accrues DISBURSED accrual CERTIFICATIONS Borrowers certifies accrue BORROWER misrepresentation UNDERSTANDINGS certifying DEFERMENT cessation capitalized cumulative Capitalization establishes

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