Forbearance is a temporary postponement of payments and is available for all loans made under the Federal Perkins loan program, regardless of when they were made. Forbearance postponement can be made in increments up to a year at a time but can not exceed a combined total of 3 years.

You may alternatively request in writing an extension of time allowed for making payments or the acceptance of smaller payments than were previously scheduled. You must provide supporting documentation of the reason for forbearance, evidence of the amount of your most recent total monthly gross income and of the amount of monthly payments that you owe for the most recent month.

Unlike deferment, interest continues to accrue monthly during the forbearance. You may pay interest during forbearance or at the end of the forbearance period.

Forbearance form