Common use of Loan Forbearance Clause in Contracts

Loan Forbearance. The Member is eligible to have the repayment of certain student loans postponed during their term of service. Members must request forbearance from their loan holders with the National Service Forbearance Request Form. The National Service Trust does not grant forbearances; the loan holders do. Members whose loans are in current default status are not eligible for this benefit.

Appears in 7 contracts

Samples: Americorps Member Service Agreement, Americorps Member Service Agreement, Member Service Agreement

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Loan Forbearance. The Member is eligible to have the repayment of certain student loans postponed during their term of service. Members must request forbearance from their loan holders with the National Service Forbearance Request FormForm in the member’s online My AmeriCorps account. The National Service Trust does not grant forbearances; the loan holders do. Members whose loans are in current default status are not eligible for this benefit.

Appears in 4 contracts

Samples: Member Service Agreement, Member Service Agreement, Member Service Agreement

Loan Forbearance. The Member member is eligible to have the repayment of certain student loans postponed during their term of service. Members must request forbearance from their loan holders with the National Service Forbearance Request Form. The National Service Trust does not grant forbearances; the loan holders do. Members whose loans are in current default status are not eligible for this benefit.

Appears in 1 contract

Samples: www.dhs.state.il.us

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Loan Forbearance. The Member member is eligible to have the repayment of certain student loans postponed during their his/her term of service. Members must request re- quest forbearance from their loan holders with the National Service Forbearance Request Form. The National Service Trust does not grant forbearances; the loan holders do. Members whose loans are in current default status are not eligible for this benefit.

Appears in 1 contract

Samples: www.nationalservice.gov

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