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ECONOMIC HARDSHIP DEFERMENT REQUEST OMB No. 18450011
Form Approved
Exp. Date 8/31/2021William D. Ford Federal Direct Loan (Direct Loan) Program / Federal Family
Education Loan (FEEL) Program / Federal
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How to fill out direct loan deferment form

How to fill out direct loan deferment form
01
To fill out the Direct Loan deferment form, follow these steps:
02
Obtain the deferment form from your loan servicer or download it from their website.
03
Fill out the top section of the form with your personal information, including your name, address, and contact information.
04
Provide your Social Security Number or student loan account number to ensure proper identification.
05
Indicate the type of deferment you are requesting by checking the appropriate box or filling in the related information.
06
If applicable, provide any supporting documentation required by the deferment form, such as proof of unemployment or military service.
07
Review the completed form for accuracy and make any necessary corrections or additions.
08
Sign and date the form.
09
Submit the form to your loan servicer by mail or electronically, following their specific instructions.
10
Keep a copy of the completed form for your records.
11
Follow up with your loan servicer to ensure that your deferment request has been processed and approved. You may need to provide additional documentation if requested.
Who needs direct loan deferment form?
01
Individuals who have Direct Loans and are experiencing financial hardship or meet certain eligibility criteria may need to fill out the Direct Loan deferment form.
02
Common situations where someone may need to use the deferment form include:
03
- Unemployment
04
- Economic hardship
05
- Enrollment in school or a rehabilitation training program
06
- Active duty military service
07
- Peace Corps or Americorps service
08
It is important to consult with your loan servicer or refer to the official guidelines from the U.S. Department of Education to determine if you are eligible for a deferment and if the deferment form is necessary.
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What is direct loan deferment form?
Direct loan deferment form is a form that allows borrowers to request a temporary postponement of their loan payments for specific reasons.
Who is required to file direct loan deferment form?
Borrowers who are experiencing financial hardship or meet specific eligibility criteria may be required to file a direct loan deferment form.
How to fill out direct loan deferment form?
Borrowers must provide personal information, loan details, and a description of their reason for requesting deferment on the direct loan deferment form.
What is the purpose of direct loan deferment form?
The purpose of the direct loan deferment form is to help borrowers temporarily pause their loan payments due to financial difficulties or specific circumstances.
What information must be reported on direct loan deferment form?
Borrowers must report personal information, loan details, and the reason for requesting deferment on the direct loan deferment form.
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