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Southern Oregon University

Forbearance also allows the borrower to cease making payments on a Perkins loan for up to one year at a time. However, interest on the loan accrues during the forbearance period. Borrowers may pay this interest during the forbearance period or in a lump sum at the end of the forbearance period. Borrowers are eligible for a forbearance if they earn below 150% of the poverty level for their family size. Borrowers who are unable to make their regular payments due to a disability may also be eligible for either a forbearance, a reduction in their payments or a discharge of payments for borrowers that are certified by the Department of Education to be Totally and Permanently Disabled.

Forbearances are renewable at intervals of up to 12 months for periods that collectively do not exceed three years. Forms may be found online at The latest information concerning changes to forbearance and deferment eligibility created by the new College Cost Reduction And Access Act (CCRA) that went into effect on October 1, 2007 can be found at:

Questions about forbearance may also be directed to: