Skip to Content JB Pritzker, Governor, State of Illinois

Forbearance of PLUS Loans

Note that details provided on this page reference loans made under the Federal Family Education Loan Program (FFELP). Effective July 1, 2010, all new federal student loans come directly from the U.S. Department of Education (ED) under the William D. Ford Federal Direct Loan Program (Federal Direct Loans). For information regarding Federal Direct Loans, refer to the Loans page of ED's Federal Student Aid website or contact the college's financial aid office.

If you don’t think you can make payments on your loans due to unique circumstances, you may be eligible for loan forbearance. Forbearance allows you to postpone or reduce loan payments. There are several different types of forbearance, so contact your lender or the servicer of your loan(s) as soon as you know you can’t make a payment. Your lender will provide a form for your completion and may ask you to provide documentation supporting the reason for your request. Your lender will determine if you’re eligible to claim forbearance. If you aren’t eligible, or don’t contact your lender on time, your PLUS loan(s) may default.

Keep in mind, forbearance holds you responsible for any accumulated interest during the forbearance period. Interest will need to be paid monthly or quarterly, or may be added to the loan's balance at the end of the forbearance period.