
Forbearance Options
Forbearance Options
| Forbearance Form | Description |
|---|---|
Mandatory Forbearance |
A lender must grant a forbearance to a borrower under the following situations provided the lender received the borrower's request and applicable supporting documentation:
|
| Discretionary Forbearance | A lender may grant
a forbearance to a borrower under the following
situation provided the lender received the borrower's
request:
|
| Teacher Loan Forgiveness Forbearance | A lender must grant a forbearance to an eligible borrower who is performing qualified teaching service and who, after completing five consecutive complete academic years of teaching, will have an outstanding balance of $5,000 or less. |
You will need Adobe Acrobat Reader to read and print our on-line deferment forms. |
Contact information
For more information regarding deferment or forbearance, please contact a CSLF Loan Coordinator at (800) 237-9721.