How to Handle Direct Loan Deferments

The National Student Clearinghouse has learned that a number of Direct Loan recipients, who are currently enrolled, have been contacted by their lenders regarding repayment of their loans. Please instruct your students to request a deferment form from their lender and return the completed form to your school.

The completed deferment form must include the following information:

  1. Student’s full name
  2. Student’s Social Security number
  3. Date of birth
  4. Student’s signature
  5. Your school code
  6. Loan holder or servicer’s address
    This is in the form’s lender section, which is typically found on page 2.

Please forward all completed deferment forms to the Clearinghouse and include a cover sheet containing your school’s full name, school code, branch code, and the academic term in question.

Deferments must be mailed. They CANNOT be faxed because most lenders require the original form and signature.

IMPORTANT: If a student has more than one loan holder, he or she must complete a separate deferment form for each lender/servicer.

Please mail your cover sheet and deferment form(s) to the Clearinghouse at:

National Student Clearinghouse
2300 Dulles Station Blvd, Suite 300
Herndon, VA 20171

The Clearinghouse will complete the deferment forms we receive from you using the enrollment information provided by your school for the term in question.

If you have any questions, please contact your Clearinghouse regional director or service@studentclearinghouse.org.

 

 

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