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Forbearance is usually a temporary postponement of payments. The borrower may alternatively request an extension of time allowed for making payments or the acceptance of smaller payments than were previously scheduled.
The borrower must request forbearance in writing, providing documentation that supports the borrower’s claim that he or she is financially unable to make the scheduled payments.
If in NNU's opinion, circumstances such as prolonged illness or unemployment prevent the borrower from making the scheduled payments, forbearance may be granted. Interest will continue to accrue and must be paid monthly unless special arrangements are made with the NNU Student Loan Office to pay this interest on a different time schedule.
Download a Forbearance Request
(Note: use this form only if you attended and received your loan from Northwest Nazarene University)