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      Mandatory Forbearance Application

      Forbearance is typically granted at your lender's discretion. However, in certain cases of economic hardship, you cannot be denied the student loan debt burden "mandatory forbearance" if you qualify for it.
      Updated: November 2, 2016

      Sometimes called "excessive debt forbearance," mandatory forbearance requires your lender to let you postpone your student loans—provided you meet certain criteria. If you do, your servicer must let you use this postponement. This is unlike most other kinds of forbearance, which are generally granted at the lender or servicer's discretion.

      Of course, even if you do qualify for this forbearance, you aren't required to use it if you don't want to. You only get 12 months of forbearance at a time for a total of 3 years, so only use it when you absolutely need to. If you've already used that time, you won't be eligible for another forbearance (even if it's "mandatory").

      How To Qualify

      You can qualify for this forbearance in certain cases of economic hardship. This includes if the payments on your federal student loans are greater than 20% of your gross monthly income. You may also be eligible based on your work (e.g., medical or dental internship, national service, teaching). Contact your student loan servicer for more information.

      What You'll Need

      Documentation of your federal student loan debt and your income.

      Where To Send This Form

      The U.S. Department of Education has released a single application form, which is valid for all federal student loan servicers. Submit this to your servicer (the company that sends you the bills). If you don't know who that is, you can go to the National Student Loan Data System (NSLDS®) to find out.

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      Solicitud de Suspensión Temporal de Cobro Obligatoria

      Forbearance is typically granted at your lender's discretion. However, in certain cases of economic hardship, you cannot be denied the student loan debt burden "mandatory forbearance" if you qualify for it.
      Actualizado: 11 febrero 2014

      Nota: En este caso, la palabra "obligatoria" significa que los administradores de préstamos están obligados a permitirlo, no que tú estás obligado a usarlo. Esto lo hace diferente de otras suspenciones temporales de cobro, los cuales normalmente se otorgan a discreción del prestamista o administrador de préstamos.

      ¿Cuáles préstamos califican?

      Si los pagos de tus préstamos estudiantiles federales superan el 20% de tus ingresos mensuales, calificas para este período de gracia.

      El tiempo del período de gracia es limitado, así que no lo uses a menos que de verdad lo necesites.

      ¿Qué necesitarás?

      La documentación de tu deuda de préstamo estudiantil federal y tus ingresos.

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