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The total amount of payments I must make on all my
Title IV federal education loans is 20% or more of my
total monthly gross income. To determine your eligibility
for forbearance of payments under this provision‚
provide the following:
Total monthly gross income (the gross amount you receive
from employment and other sources before taxes and other
deductions): $____________________ (attach copies of
last income tax return and most recent pay statement);
AND
Total monthly payments on federal education loans.
List below‚ or on a separate sheet‚ each federal
loan lender (school/financial institution)‚ type
of Title IV federal loan (Perkins/NDSL‚ Stafford‚
Direct‚ Consolidation loan‚etc.). the amount
you borrowed‚ and the amount of monthly payment
for each one. Attach copy of monthly bill for each loan.
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Lender:
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Type of Loan:
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Amount Borrowed
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Monthly Payment
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1.
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$
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$
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2.
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$
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$
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3.
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$
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$
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4.
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$
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$
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5.
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$
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$
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