Sociologia

Mail to: Sallie Mae Servicing PO Box 9500 Wilkes-Barre, PA 18773-9500 (877) 559-9119

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Request for Forbearance
Dear If financial problems make repaying your education loans a financial hardship, we may be able to grant you temporary relief through aforbearance. If you have a spousal consolidation loan or co-made PLUS loan, both you and your co-borrower must be experiencing financial hardship and sign the agreement below. If you have a private loan, anon-refundable processing fee of up to $50 may be charged for each loan and must be received before the forbearance is processed. Please note that this fee will be charged regardless of whether yourforbearance is ultimately granted. If you have a private loan with a co-borrower, your co-borrower must also sign the agreement below. A forbearance allows you to temporarily postpone your loan payments.Interest that accrues during the forbearance remains your responsibility. Unpaid interest may be capitalized (added to your loan principal). Capitalizing interest increases the amount you will payback, and may result in a higher payment amount after the forbearance. Please be advised that if you are enrolled in Automatic Debit your completed forbearance form must be received at least 15 daysprior to your payment due date or the payment extraction for that month will occur. IF YOU ARE PAST DUE ON YOUR PAYMENTS, IT IS ESPECIALLY IMPORTANT THAT YOU RETURN T H I S F O R M T O U S I M M E D IATELY. Collection activities will continue against you until we have received and approved this form. Late notices will be sent and phone calls will be made. When payments are seriously past due, thedelinquency will be reported to a national credit bureau; information we report before your forbearance is processed cannot be retracted. Mail your completed form to the address listed above, or fax...