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Forbearance

Forbearance

If you are unable to make payments due to a temporary financial strain, your lender or servicer may agree to grant forbearance. Forbearance will postpone payments due on your student loan accounts. Your lender or servicer may also permit forbearance if you are able to satisfy current payments, but not able to make up past payments in one lump sum. While in forbearance, you will remain responsible for the interest that accrues on your student loans.

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