Unemployment Deferment Request is a legal document that was released by the Georgia Student Finance Commission - a government authority operating within Georgia (United States).
Q: What is an unemployment deferment request?
A: An unemployment deferment request is a form that allows individuals in Georgia who are unemployed to temporarily postpone their federal loan payments.
Q: Who is eligible for an unemployment deferment?
A: To be eligible, you must be currently receiving unemployment benefits or have been actively seeking employment during the previous six months.
Q: How can I apply for an unemployment deferment?
A: You can apply for an unemployment deferment by completing and submitting the Unemployment Deferment Request form to your loan servicer.
Q: How long does an unemployment deferment last?
A: An unemployment deferment can last for up to 36 months, but you must reapply every six months.
Q: Will interest continue to accrue during an unemployment deferment?
A: Yes, interest will continue to accrue on your loans during the deferment period.
Q: Can I still make payments on my loans during an unemployment deferment?
A: Yes, you can choose to make payments on your loans during the deferment period if you are able to do so.
Q: What happens after my unemployment deferment ends?
A: Once your unemployment deferment ends, you will be responsible for resuming your loan payments. Contact your loan servicer for more information.
Q: Are there any other options for managing loans during unemployment?
A: Yes, you may also consider exploring other options such as income-driven repayment plans or forbearance options with your loan servicer.
Form Details:
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the Georgia Student Finance Commission.