How To Qualify
You qualify with any one of the following:
- Pay stubs or tax documents proving you have a low income (less than 150% of the poverty level for your family size and state). When you fill out the form, list your gross (before taxes) income per month.
- Proof you are enrolled in a needs-tested public assistance program like Temporary Assistance to Needy Families (TANF), Supplemental Security Income (SSI), food stamps, or a state assistance program. Note that regular Social Security retirement income or unemployment benefits do not count as public assistance for this deferment because they are not based on a needs or income test.
- Proof that you have an approved economic hardship deferment request for other eligible federal student loans. (This is only for people with some FFELP and some Direct loans.)
- Proof that you are in the Peace Corps.
Note that if you have already missed some payments, you may back-date the beginning of deferment. Ask your servicer for details.
Remember, deferment time is limited, so use it only if you really need it. If you are unemployed or working only part time, you may qualify to use the unemployment deferment form instead. An income-driven repayment plan may be a more viable long-term plan as well.
How To Apply
Send the form to your servicer (the company that sends you the bills).