Economic hardship deferment
Use this form to apply for an economic hardship deferment if:
- You have economic hardship deferment under the Federal Direct Loan Program or the Federal Perkins Loan Program; or
- You receive public assistance, such as Aid to Families with Dependent Children, Supplemental Security Income, Food Stamps, or state general public assistance; or
- You are serving as a Peace Corps volunteer; or
- You work full-time and your monthly gross income is no more than the larger of the amounts listed below for your state (Worksheet B can help you determine your eligibility); or
| (a) Federal Minimum Wage Rate ($7.25 an hour) | $ 1256.67 | ||
| (b) Poverty Line for a Family of Two: | |||
| All States (except Alaska and Hawaii), including District of Columbia |
$1,821.25 | ||
| Alaska | $2,276.25 | ||
| Hawaii | $2,095.00 | ||
Download Economic hardship deferment form (62k) (English)
Download Economic hardship deferment form (90k) (Spanish)