Nelnet Forbearance Application Form printable pdf download

Dear Valued Customer:

Thank you for contacting Nelnet. The second page of this document contains the forbearance application. Please know that until your

forbearance request is approved and processed, you will continue to receive billing statements for the payment amount for which you

are currently responsible.

Before returning your application to Nelnet, please review the following items:

Have you considered alternatives to forbearance, such as a repayment plan that fits your financial circumstances or deferment?

Please visit to find out which options you may be eligible for.

Do you understand how capitalization of interest works? Interest will continue to accrue on your account while your loan(s) is in

forbearance. Any unpaid interest at the end of the forbearance period will be capitalized (added to the principal balance).

Capitalization of interest will increase the total amount you must repay during your loan period and may cause your monthly payment

amount to increase. For this reason, it is important that you request the shortest period of forbearance that will provide the financial

relief you need. You may choose to make interest-only payments during your forbearance to avoid or reduce the amount of capitalized

interest.

Have you completed and signed the application? Missing or incorrect information may delay processing.

Have you included all necessary documents to explain and verify why forbearance is necessary for your situation?

Have you included proof of other student loan payments? If you are applying for forbearance due to excessive student loan debt

burden and have other student loans not serviced by Nelnet, please ensure that you have included proof of payments for those loans.

When you have completed your application, please mail or fax it to:

Nelnet

Attn: Enrollment Processing

P.O. Box 82565

Lincoln, NE 68501-2565

Toll-free fax: 1.866.545.9196

The approval process could take up to five business days. If approved, you will receive notification. If we are unable to approve your

request, a notice with explanation will be sent to you.

If you need additional information, please visit our website at or call us toll-free at 1.888.486.4722. We’re here to

help you reach your goals.

Sincerely,

Nelnet

P.O. Box 82561 | Lincoln, NE 68501 | p 1.888.486.4722 | f 1.877.402.5816 |

Nelnet Forbearance Application Form