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Click ‘Get Form’ to open the Sallie Mae Forbearance Form PDF in the editor.
Begin by filling in your personal information, including your name, address, and contact details. Ensure all fields are completed or marked as 'N/A' if not applicable.
In the 'Borrower Financial Data' section, provide your employer's name and address, along with your net monthly salary and any other sources of income. This information is crucial for assessing your eligibility.
Specify the reason for your forbearance request in the designated field. If applicable, describe any additional circumstances that may support your application.
Indicate the requested forbearance period by entering the start and end dates in MM/DD/YY format. Make sure these dates align with your financial needs.
Review all entered information carefully to ensure accuracy before signing and dating the form at the bottom.
Once completed, save your document and return it to Campus Partners via mail or fax as indicated on the form.

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Is forbearance better than deferment?

However, your loan is still considered part of your personal credit. Even in forbearance, the amount of your loan will be taken into account and could impact your score.

What qualifies you for forbearance on student loans?

Consider deferment or forbearance. These are options that can temporarily reduce or postpone your monthly payments. Keep in mind interest may still accrue (grow) even if everything else is on hold. Look into loan forgiveness programs. If youve got federal loans, dont let these opportunities pass you by.

How to get a forbearance with Sallie Mae?

Both deferment and forbearance allow you to temporarily postpone or reduce your federal student loan payments. The difference has to do with interest accrual (accumulation). During a deferment, interest doesnt accrue on some types of Direct Loans. During a forbearance, interest accrues on all types of Direct Loans.

How to put Sallie Mae loans in forbearance?

You can request a deferment of up to 48 months for a Sallie Mae undergraduate student loan or a Sallie Mae graduate student loan so long as youre enrolled at least half-time. To request a deferment for college or graduate school, you will need your school to verify your enrollment.

sallie mae forbearance form

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