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GENERAL FORBEARANCE REQUEST
William D. Ford Federal Direct Loan (Direct Loan) Program / Federal Family
Education Loan (FEEL) Program / Federal Perkins Loan (Perkins Loan) Program
GFB OMB No. 18450031
Form
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How to fill out general forbearance request
How to fill out general forbearance request
01
To fill out a general forbearance request, follow these steps:
02
Download the general forbearance request form from the lender's website.
03
Read the instructions on the form carefully to understand the information required.
04
Fill in your personal information, including your name, address, phone number, and social security number.
05
Provide details about your loan, such as the loan account number, loan servicer, and loan type.
06
Indicate the reason for requesting forbearance and provide supporting documents if required.
07
Add any additional comments or explanations in the designated section.
08
Sign and date the form.
09
Submit the completed form to your loan servicer either by mail or electronically, as specified by them.
10
Keep a copy of the filled-out form and any attachments for your records.
11
Follow up with your loan servicer to ensure they have received and processed your forbearance request.
Who needs general forbearance request?
01
Anyone who is facing financial hardship and struggling to make their student loan payments can benefit from submitting a general forbearance request.
02
This includes individuals who have lost their job, experienced a reduction in income, or are facing unexpected expenses.
03
It is important to note that eligibility for forbearance may vary depending on the type of loan and the lender's policies.
04
It is recommended to contact your loan servicer directly to discuss your specific situation and determine if applying for forbearance is the right option for you.
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What is general forbearance request?
A general forbearance request is a temporary postponement or reduction of student loan payments for a specific period of time.
Who is required to file general forbearance request?
Borrowers who are experiencing financial hardship or other temporary difficulties that prevent them from making their full monthly payments on their student loans are required to file a general forbearance request.
How to fill out general forbearance request?
Borrowers can fill out a general forbearance request form provided by their loan servicer and submit it along with supporting documentation, if required.
What is the purpose of general forbearance request?
The purpose of a general forbearance request is to provide temporary relief to borrowers who are unable to make their full monthly student loan payments due to financial hardship or other temporary difficulties.
What information must be reported on general forbearance request?
The general forbearance request must include the borrower's personal information, loan account details, reason for the forbearance request, and any supporting documentation requested by the loan servicer.
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