Loan Debt Burden Forbearance
You may receive a loan debt burden forbearance if your gross monthly payments for federal student loans are at least 20% of your individual gross income.
||Download the loan debt burden forbearance form (PDF).
||Complete all information and provide appropriate income documentation, such as pay stubs.
||Mail or fax all the required information to:
Aspire Resources Inc.
P.O. Box 65970
West Des Moines, IA 50265-0970
Fax: (515) 471-8180
Note: The forms are provided in portable document format (PDF). If you do not have a PDF reader, download the most current version of Adobe Acrobat ReaderOpens a new window for best results.
Not Sure Which Forbearance Option Is Right for You?
Take the eligibility quiz to see which assistance options might be best for you.
Interest on Loans in Forbearance
During forbearance, interest continues to accrue on all federal loans associated with your account. You are responsible for this interest.
Aspire advises you to make payments that at least cover the accrued interest to prevent substantial increases to your loan balance.
Learn more about interest.