A forbearance functions to excuse you from payment of your student loan. Unlike deferments, which are tied to specific circumstances, forbearances are somewhat more discretionary. For example, we can ask for a forbearance by phone for the period you are gathering documentation to file bankruptcy or to apply for a loan restructure.
We can also ask for a forbearance during the period we are switching you from one repayment plan to another. Forbearances are also used to excuse debtors from payments during natural disasters.
There is also a type of forbearance called a Mandatory Forbearance that is available for medical or dental interns or residents, or for military members who do not otherwise qualify for a deferment.
We can request a suspension or payments or a temporary reduction in payment in a forbearance request.