Federal Education Loan Forbearance Request Form - Corporation For National And Community Service (Cncs)

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FEDERAL EDUCATION LOAN FORBEARANCE REQUEST
CORPORATION FOR NATIONAL AND COMMUNITY SERVICE (CNCS)
NOTE: YOU MUST COMPLETE ONE OF THESE FORMS FOR EACH OF YOUR LENDING
INSTITUTIONS AND SEND EACH FORM TO: NATIONAL SERVICE TRUST, CORPORATION FOR
NATIONAL AND COMMUNITY SERVICE, 1201 NEW YORK AVENUE, N.W., WASHINGTON, D.C.
20525
Under the National and Community Service Trust Act of 1993, borrowers serving in approved national
service positions qualify for mandatory forbearance during their terms of service. This mandatory
forbearance allows borrowers to delay payments temporarily.
Mandatory forbearance for approved national service positions is available for the following educational
loans: Federal Family Education Loans (Subsidized and Unsubsidized Stafford Loans, Supplemental Loans
To Students (SLS), Consolidation Loans), William D. Ford Federal Direct Student Loans (Direct Subsidized
and Unsubsidized Stafford/Ford Loans, and Direct Consolidation Loans), Federally Insured Student Loans
(FISL), Health Education Assistance Loans (HEAL), Health Professions Student Loans (HPSL). Loans for
Disadvantage Students (LDS), Nursing Student Loans (NSL), and Primary Care Loans (PCL). A hardship
deferment/forbearance for approved national service terms may also be available for Federal Perkins Loans.
During the time you are in a national service position, interest will continue to accrue on your loan(s). Upon
successful completion of your national service term, CNCS will pay all or a portion of the interest that
accrued during the time period you served.
If you leave for reasons other than compelling personal circumstances, you will be responsible for payment
of interest and if not paid, it may be capitalized depending on the type of loan. Capitalization is a process
whereby unpaid interest is added to the principal amount of your loan. This increases your outstanding
principal balance and, therefore, increases your interest charges over the life of your loan.
FOR COMPLETION BY THE BORROWER
I am requesting a forbearance for the period of service in a national service position.
SSN: __ __ __ - __ __ - __ __ __ __
Name
________________________________
Telephone No.: (____) ___________________
Address _________________________________
_________________________________
_________________________________
Lending Institution/Loan Holder: U.S. Department of Education
Direct Loan Servicing Center
P.O. Box # 5609
Greenville, Texas 75403-5609
1-800-848-0979
_____________________________________________
______/______/______
Borrower Signature
Date
FOR COMPLETION BY CNCS
I certify that the borrower indicated above is serving in a qualified national service position for the period
_____/_____/_____ through _____/_____/_____
_____________________________________________
______/______/______
Authorized CNCS Signature
Date
Telephone No.: (___) _________________

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