General Forbearance Request William D. Ford Federal Direct Loan (Direct Loan) Program / Federal Family Education Loan (Ffel) Program / Federal Perkins Loan (Perkins Loan) Program is a 4-page legal document that was released by the U.S. Department of Education and used nation-wide.
Q: What is a General Forbearance Request?
A: A General Forbearance Request is a request to temporarily stop making payments on your federal student loans.
Q: Which loan programs offer General Forbearance Request?
A: The William D. Ford Direct Loan Program, the Federal Family Education Loan (FFEL) Program, and the Federal Perkins Loan Program offer General Forbearance Request.
Q: Why would I request a General Forbearance?
A: You would request a General Forbearance if you are experiencing financial hardship or other circumstances that make it difficult for you to make your student loan payments.
Q: How long can a General Forbearance last?
A: A General Forbearance can last for up to 12 months at a time.
Q: How many General Forbearances can I request?
A: You can request multiple General Forbearances, but the total forbearance period cannot exceed 36 months.
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