How to Complete Your Economic Hardship Deferment Request
Step 1: Complete Section 1
Provide the requested information for identifying your account. If the information has already been pre-filled, update your information as appropriate.
Step 3: Complete Section 3
Sign and date the form.
Step 4: Gather Your Documentation
Use the Documentation to Include with Request table below to determine the necessary documents youâ€™ll need to include along your deferment request.
Step 2: Complete Section 2
Review the qualifications for an Economic Hardship Deferment in Section 6. Then, provide the date your deferment should begin â€“ this is usually the date you became eligible for the ...view middle of the document...
(4) You work at least 30 hours per week (full time) and your monthly gross income is less than the poverty level based for your family size.
ECONOMIC HARDSHIP DEFERMENT REQUEST
William D. Ford Federal Direct Loan (Direct Loan) Program / Federal Family Education Loan (FFEL) Program
OMB No. 1845-0011 Form Approved Exp. Date 7/31/2015
Direct Loan Program borrowers: All borrowers are eligible. FFEL Program borrowers: Use this form only if all of your FFEL Program loans were first disbursed on or after July 1, 1993, or if you had no balance on a FFEL Program loan first disbursed before July 1, 1993 when you obtained a loan on or after July 1, 1993. WARNING: Any person who knowingly makes a false statement or misrepresentation on this form or on any accompanying document is subject to penalties that may include fines, imprisonment, or both, under the U.S. Criminal Code and 20 U.S.C. 1097.
SECTION 1: BORROWER IDENTIFICATION
Great Lakes ID: 86-2623366 WENDY L HOLLIS 319 CARNAHAN DRIVE SPARTANBURG, SC 29306 (864) 573-6030 (864) 541-6606 email@example.com
SECTION 2: DEFERMENT REQUEST
Please enter or correct the following information. Check this box if any of your information has changed. SSN Name Address City, State, Zip Code Telephone â€“ Primary ( Telephone â€“ Alternate ( E-mail Address (Optional)
Before completing this form, carefully read the entire form, including the instructions and other information in Sections 4, 5, and 6. ï® I meet the eligibility requirements stated in Section 6 for the Economic Hardship Deferment checked below and request that my loan holder defer repayment of my loan(s) beginning |____|____|-|____|____|-|____|____|____|____|. (You must provide this date regardless of which condition you check below.) To qualify, I must meet one of the conditions listed below and must provide the required documentation, as described in Section 6, for only that condition. Check one: (1) I have been granted an Economic Hardship Deferment on loans made under another federal student loan program for the same period of time for which I am requesting this deferment. If this deferment request is for: ï‚· Direct Loan Program Loans, I have been granted the deferment under the FFEL or Federal Perkins Loan Program. I have attached documentation of the deferment. ï‚· FFEL Program Loans, I have been granted the deferment under the Direct Loan or Federal Perkins Loan Program. I have attached documentation of the deferment. (2) I am receiving or received payments under a federal or state public assistance program that support the period of time for which I am requesting this deferment. These assistance programs include, but are not limited to, Temporary Assistance for Needy Families (TANF), Supplemental Security Income (SSI), Food Stamps/Supplemental Nutritional Assistance Program (SNAP), or state general public assistance. I have attached documentation of these payments. I am serving as a Peace Corps volunteer....