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Fed Loan Unemployment Deferment Form

Fed Loan Unemployment Deferment Form

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Video instructions and help with filling out and completing Fed Loan Unemployment Deferment Form

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Instructions and help about unemployment deferment request form fed loan

hi I'm Steve Richardson have you become unemployed and as a result unable to pay your federal student loans have you been wondering whether you can get some sort of deferment for that well actually you can if you have federal student loans and you're on unemployment you can apply for unemployment deferment now there are a couple of requirements first of all you have to be registered with it either a public or private employment agency that is located within 50 miles of your home and you have to be actively seeking work and you also have to provide eligibility for unemployment benefits you prove that you should be able to get a deferment for how long well how long you can get into firm it depends upon when the loan originated when it was taken out if you took out the loan prior to July first 1993 you can get a one-year deferment with an option on a second 12 years the loan originated after july 1 92 93 it's for one year with an option to more or three years so it's longer the other thi

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