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GENERAL FORBEARANCE REQUEST OMB No. 1845-0031 Form Approved Exp. Date 12/31/2015 William D. Ford Federal Direct Loan Program GFB WARNING: Any person who knowingly makes a false statement or misrepresentation.

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How to fill out the Direct Loan General Forbearance - Nelnet online

This guide provides comprehensive and supportive instructions for filling out the Direct Loan General Forbearance form with Nelnet online. By following these steps, users will successfully complete the necessary documentation to request a forbearance on their Direct Loans.

Follow the steps to complete your general forbearance request.

  1. Press the ‘Get Form’ button to obtain the form and open it in your preferred document editor.
  2. In Section 1, provide your borrower identification information. Enter or correct details such as your Social Security Number (SSN), name, address, city, state, zip code, primary and alternate telephone numbers, and email address (optional). If there are any changes to your information, check the relevant box.
  3. Move to Section 2 for your forbearance request. Indicate your willingness to postpone payments due to temporary hardship. Check the appropriate box for your situation: financial difficulties, change in employment, or medical circumstances. If necessary, provide a brief explanation under ‘Other’.
  4. Next, specify how you wish to proceed during your forbearance: choose to temporarily stop making payments or indicate a smaller monthly payment amount you can afford.
  5. Indicate the desired start and end dates for the forbearance period. Ensure the dates are entered in the correct format (MM-DD-YYYY) and do not exceed a 12-month duration.
  6. In Section 3, review the borrower certifications and understandings. Ensure you read through each item and acknowledge your agreement by signing and dating the form appropriately.
  7. Refer to Section 4 for instructions on completing the form. Type or print your responses clearly in dark ink. Ensure to include your name and account number on any supporting documents you may submit.
  8. Once the form is completely filled out, send the completed form and any required supporting documents to the provided address for Nelnet, ensuring you keep a copy for your records.
  9. Finally, you may save changes, download, print, or share the form according to your needs after completion.

Complete your Direct Loan General Forbearance request online today.

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A forbearance allows you to temporarily stop making your monthly student loan payments or temporarily make smaller payments. You usually won't be making progress toward forgiveness or paying back your loan during a forbearance.

With forbearance, you won't have to make a payment, or you can temporarily make a smaller payment. However, you probably won't be making any progress toward forgiveness or paying back your loan. As an alternative, consider income-driven repayment.

A forbearance is a period during which you are allowed to postpone making payments temporarily, allowed an extension of time for making payments, or temporarily allowed to make smaller payments than scheduled.

Both allow you to temporarily postpone or reduce your federal student loan payments. The main difference is if you are in deferment, no interest will accrue to your loan balance. If you are in forbearance, interest WILL accrue on your loan balance.

Student loan forbearance is almost always a last resort, not a first option. Use it if you need temporary relief and don't qualify for deferment. For long-term problems, consider an IDR plan instead. If possible, pay the interest as it accrues to avoid paying interest on interest when you do resume repayment.

A forbearance is a period during which you are allowed to postpone making payments temporarily, allowed an extension of time for making payments, or temporarily allowed to make smaller payments than scheduled.

Under Income-Driven Repayment (IDR) Plans, any remaining loan balance is forgiven if a borrower's federal student loans aren't fully repaid at the end of the repayment period (either 20 or 25 years, depending on the type of plan).

Take a Break from Payments When you're ready to postpone your payments: Log in to your Nelnet.com account and choose the Payments menu, then Repayment Options to apply for deferment or forbearance.

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© Copyright 1997-2026
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Your Privacy Choices
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
altaFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2026
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232