Unemployment Deferment Request - Georgia (United States)

Unemployment Deferment Request is a legal document that was released by the Georgia Student Finance Commission - a government authority operating within Georgia (United States).

FAQ

Q: What is an unemployment deferment request?A: An unemployment deferment request is a form that allows individuals in Georgia who are unemployed to temporarily postpone their federal loan payments.

Q: Who is eligible for an unemployment deferment?A: To be eligible, you must be currently receiving unemployment benefits or have been actively seeking employment during the previous six months.

Q: How can I apply for an unemployment deferment?A: You can apply for an unemployment deferment by completing and submitting the Unemployment Deferment Request form to your loan servicer.

Q: How long does an unemployment deferment last?A: An unemployment deferment can last for up to 36 months, but you must reapply every six months.

Q: Will interest continue to accrue during an unemployment deferment?A: Yes, interest will continue to accrue on your loans during the deferment period.

Q: Can I still make payments on my loans during an unemployment deferment?A: Yes, you can choose to make payments on your loans during the deferment period if you are able to do so.

Q: What happens after my unemployment deferment ends?A: Once your unemployment deferment ends, you will be responsible for resuming your loan payments. Contact your loan servicer for more information.

Q: Are there any other options for managing loans during unemployment?A: Yes, you may also consider exploring other options such as income-driven repayment plans or forbearance options with your loan servicer.