Forbearance Letter for Student Loans [Sample]

Learn how to write a forbearance letter for student loans. Use our sample forbearance letter for student loans as a template for your forbearance letter.

Sample forbearance letter for student loans

[Name of Student]
[Address of Student]
[City, State, Zip Code]

[DATE]

[Name of Loan Officer]
[Name of Lending Institution]
[Address of Lending Institution]
[City, State, Zip Code]

RE: Formal request for forbearance for student loan number [NUMBER]

Dear [Name of Loan Officer]:

This letter is a formal request for [12 months] forbearance for my student loan. The regular payment is [$250 per month], and I am requesting to pay one quarter of that amount. I have read your rules for granting forbearance, and believe my situation fits under financial difficulty. 

My father was making the payments until he died last month. I will be able to continue making the regular payments as soon as I get a suitable job. Since I graduate with honors in three months on [DATE], I hope to have a job as a [biology teacher] in [September] of this year. 

I will be able to continue the regular payments by the end of the year on [DATE]. I understand the interest will accrue, and I plan to pay it at that time. I have included a copy of the death certificate of my father. 

I hope to receive a positive response from you as soon as possible because I am not in a financial position to continue to make the payments for much longer. I can be reached at [Phone Number] or [Email Address] if you have any questions or need any more information. 

Thank you for considering my request.

Sincerely,

[Signature of Student]
[Printed Name of Student]
Enclosed: [death certificate of father]

Related Posts

  1. 9 Ways to Lower Your Student Loan Payments
  2. How to Write a Forbearance Letter for Student Loans
  3. Sample Hardship Letter for Student Loan