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Forbearance eligibility changes


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1 reply to this topic

#1 smiller

smiller
  • Members
  • 14 posts

Posted 20 April 2012 - 01:34 PM

Does anyone know when they changed the forbearance process for direct loans?
Last year (or the year before), I was able to get an economic hardship forbearance by simply filling out the form online, stating that I was unable to make the payments now and intended to do so in the future.
Now when I try, it makes you enter your income and decides if you qualify or not.



#2 LynnInMN

LynnInMN

    CB Student Loan Guru

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  • 4,973 posts

Posted 22 April 2012 - 11:28 PM

Forebearance is an administrative delay of payments. It has always been subjective. Have you used your deferments?? Those you are legally entitled to.




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