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Get General Forbearance Request - Sallie Mae
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How to fill out the General Forbearance Request - Sallie Mae online
Filing a General Forbearance Request with Sallie Mae allows borrowers to temporarily suspend or reduce their loan payments. This guide provides clear instructions to help users navigate the online process effectively.
Follow the steps to complete your forbearance request online.
- Press the ‘Get Form’ button to access the General Forbearance Request form and open it in your chosen editor.
- In Section 1, provide your identifying information. Ensure your Social Security Number, name, address, phone numbers, and email address are accurate. Check the box if any information has changed.
- Move to Section 2, the Forbearance Request section. Indicate that you are experiencing a temporary hardship due to financial difficulties, employment change, medical circumstances, or another reason. Make sure to select the appropriate option.
- Specify how you would like to manage payments during the forbearance period. Choose whether you want to temporarily stop payments or temporarily make smaller payments, and indicate the amount if applicable.
- Enter the dates for which you are requesting forbearance, ensuring the format is MM-DD-YYYY. The forbearance period cannot exceed 12 months.
- Read through Section 3, which outlines the Borrower/Endorser Understandings and Certifications. By signing, you acknowledge your understanding of the terms and the responsibilities associated with your request.
- Complete Section 4, which gives detailed instructions on filling out the form. Ensure that supporting documentation is included, if required.
- Finally, review all entered information, make any necessary corrections, and save your changes. Once satisfied, proceed to download, print, or share the completed form as needed.
Begin your General Forbearance Request online today to take advantage of available support options.
If you're having a temporary financial problem, you might want to consider putting your loan into forbearance, which lets you postpone your payments for a short time. ... Sallie Mae requires $50 per loan, with a max. of $150 per account. This payment is applied to your loan's current balance.
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