Acs Unemployment Deferment Form PDF Details

Navigating a period of unemployment can be challenging, especially when faced with the responsibility of repaying student loans. The Acs Unemployment Deferment Form presents a solution for borrowers experiencing job loss or working fewer than 30 hours a week, offering them a temporary reprieve from the financial weight of their Federal Perkins Student Loan obligations. By fulfilling specific criteria and submitting this form to ACS Education Services with the required documentation, individuals can qualify for the Unemployment Deferment. This deferment process is designed with crucial steps to ensure that only eligible borrowers benefit, including proving unemployment status, registering with an approved employment agency—excluding school placement offices and temporary agencies—and actively seeking full-time employment. Applicants must also provide comprehensive details regarding their efforts to find full-time work in the past six months, including contacts with various firms. It's a testament to the structured approach adopted to assist those facing employment challenges, all the while ensuring the integrity of the deferment process. Importantly, the form binds the applicant to keep the lending institution updated about any change in their employment status, underscoring the importance of transparency throughout the deferment period.

QuestionAnswer
Form NameAcs Unemployment Deferment Form
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesUtica, NY, ebay sellers unemployment, documentation

Form Preview Example

UNEMPLOYMENT DEFERMENT FORM

To qualify for the Unemployment Deferment on your Federal Perkins Student Loan you must have become unemployed or began working less than 30 hours per week.

To apply for deferment please complete and submit this form with the required documentation to:

 

ACS Education Services

 

PO BOX 7060

 

UTICA, NY 13504-7060

 

 

Name:

____________________________________________________________________

Address:

____________________________________________________________________

Account Number(s):

____________________________________________________________________

1)I became unemployed or began working less than 30 hours a week on (mm/dd/yy):______________.

2)I registered with the following employment agency:

Name of Employment Agency:_____________________________________________

Address:_______________________________________________________________

Telephone Number:__________________________________

Note: School placement offices and “temporary” agencies do not qualify as employment agencies.

3) In the last six months, I have tried to secure full-time employment at the following firms:

Name of Firm:

_______________________________________________________________________

Street Address:

_______________________________________________________________________

City, State, Zip:

_______________________________________________________________________

Contact Person:

__________________________________

Telephone:

______________________

Name of Firm:

_______________________________________________________________________

Street Address:

_______________________________________________________________________

City, State, Zip:

_______________________________________________________________________

Contact Person:

__________________________________

Telephone:

______________________

Name of Firm:

_______________________________________________________________________

Street Address:

_______________________________________________________________________

City, State, Zip:

_______________________________________________________________________

Contact Person:

__________________________________

Telephone:

______________________

I hereby claim that the above information is true. I agree to notify the lending institution immediately upon termination of my claimed status.

________________________________________________ __________________

Signature

Date

11/06

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Step # 1 for completing termination

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Name of Firm , Street Address , and Street Address of termination

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