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Get Forbearance Request Ffel Program ... - Camelot College
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How to fill out the FORBEARANCE REQUEST FFEL PROGRAM – Camelot College online
Filling out the Forbearance Request for the FFEL Program can be a straightforward process when you understand each section of the form. This guide provides step-by-step instructions to help you complete the form accurately and efficiently.
Follow the steps to successfully complete your forbearance request.
- Press the ‘Get Form’ button to access the Forbearance Request form. This will allow you to open it for editing.
- In the Borrower Information section, clearly print your name, Social Security number, and contact information, including your residence and work telephone numbers, street address, city, state, and zip code.
- Next, move to the Forbearance Type Requested section. Review the options available and check only one box that best fits your situation. Be sure to read the descriptions provided for each type, as they differ in eligibility and terms.
- If you selected a forbearance type that requires additional documentation, such as evidence of financial hardship or internship/residency participation, make sure to gather and attach these documents before finalizing the form.
- In the Forbearance Agreement section, read the statement carefully. By signing, you are indicating that you recognize your willingness to repay once the forbearance period ends. Sign and date the form in the designated areas.
- If applicable, have your cosigner or co-maker sign and date the form as well. Remember, their signature is required for certain types of loans.
- Before submitting, review the entire form to ensure all information is complete and accurate. Any inaccuracies may delay processing your request.
- Return the completed form along with any required documentation to your lender or servicer as soon as possible. This can typically be done by mail or possibly online, depending on your lender's policies.
- Once submitted, maintain a copy of the form for your records and monitor for any communication from your lender regarding the status of your request.
Ready to submit your forbearance request? Complete your form online today!
Frequently Asked Questions About the Temporary IDR Waiver All borrowers with loans held by ED (Direct Loans and federally held FFELP Loans) who have accumulated time in repayment for at least 20 or 25 years will see automatic forgiveness of their loans.
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