What qualifies for a "mandatory" forbearance? | 06.25.09

Posted in Repayment, Student Loan Links by Kristin Morris

There are certain mandatory forbearances. Examples include borrowers who:

  • are in a medical or dental internship or residency;
  • have student loan payments that are 20 percent or more of their monthly income;
  • have payments being made for them by the Department of Defense

Contact your lender or loan-servicing agent for more information on the mandatory forbearance benefit.

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One Response to “What qualifies for a "mandatory" forbearance?”

  1. michele basen says on July 13, 2009 at 3:57 pm:

    can you provide more info on mandatory forbearance? how claim this, how document it? who send info to?
    thank you,

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