What qualifies for a “mandatory” forbearance?

June 25, 2009 – 2:50 pm

There are certain mandatory forbearances. Examples include borrowers who:

are in a medical or dental internship or residency;
have student loan payments that are 20 percent or more of their monthly income;
have payments being made for them by the Department of Defense
Contact your lender or loan-servicing agent for more information on the mandatory forbearance benefit.

Original post by dbonvie and studentloannews.org

Post a Comment