Get Sallie Mae Forbearance Form

Entering forbearance typically does not directly impact your credit score, but it can have long-term consequences. While your payment history remains unaffected during this period, interest may continue to accrue on your loans. It's wise to consider the finer details of your loans and the Sallie Mae Forbearance Form before proceeding, as this decision could influence your financial future.

Using the Sallie Mae Forbearance Form generally does not impact your credit score negatively. While your payments are paused during the forbearance period, you will remain in good standing with your lender. However, it is essential to stay informed about the accrued interest during this time, as it can affect your future payments. Therefore, consider contacting customer support to learn how best to manage your loans during forbearance.

You can send your Sallie Mae forbearance form to the address provided on their official website. It's essential to ensure that you include all the required information to avoid any delays. If you prefer a digital option, you may also have the option to submit your form online through the Sallie Mae portal. Be sure to check for confirmation after submission to ensure successful processing.

It can take as few as 15 minutes to find out whether you've met their credit requirements. If the lender needs more information, the approval can take a few business days.

You can request a deferment of up to 48 months for a Smart Option Student Loan® or a Sallie Mae graduate student loan so long as you're enrolled full-time or half-time.

Is Sallie Mae forgiving its private student loans? No, the forgiveness program is for federal loans only. Private student loans like Sallie Mae loans, will not be forgiven through the program.

Some Sallie Mae loans also allow forbearance. Forbearance allows the borrower to suspend payments up to one year at a time. Interest continues to accrue during forbearance, so you should apply for forbearance if your financial situation is dire.

How to Apply for Student Loans Fill out the FAFSA form to apply for federal student loans and grants. The financial aid award letter will outline any federal aid your family has received. All private lenders require the same core information to apply.

Please complete the following information and return all documentation to us via fax at 855-756-0011; mail to Sallie Mae, P.O. Box 3319, Wilmington, DE 19804-4319; or online by logging in to your account at salliemae.com and selecting the Secure Document upload link located on the Forms page.