In the realm of federal student loans, managing repayment during significant life events or duties, such as military service, requires a thorough understanding of available deferment options. The OMB No. 1845-0080 form serves as a critical tool for borrowers within the Federal Family Education Loan Program, the William D. Ford Federal Direct Loan Program, and the Federal Perkins Loan Program who seek to postpone their loan repayments due to military service or post-active duty student status. This form not only facilitates a deferment request but also outlines the eligibility requirements, borrower certifications, and necessary authorizations associated with pausing loan payments. With strict warnings against false statements, the form emphasizes legal responsibility and underscores the severity of penalties for misconduct. Critical sections of the document guide borrowers through the process, requiring detailed personal information, eligibility proof, and formal certifications from both the borrower and authorized officials. Understanding the intricacies of this form and its implications on a borrower's financial responsibilities is vital for eligible servicemembers and veterans aiming to navigate their loan repayment during or after their service period efficiently.
Question | Answer |
---|---|
Form Name | Omb No 1845 0080 Form |
Form Length | 3 pages |
Fillable? | No |
Fillable fields | 0 |
Avg. time to fill out | 45 sec |
Other names | deferment post, SSN, OMB, 2008 |
|
DEFERMENT REQUEST: |
|
• MILITARY SERVICE DEFERMENT |
|
• |
|
Federal Family Education Loan Program / William D. Ford Federal Direct Loan Program / Federal Perkins Loan Program |
MIL |
WARNING: Any person who knowingly makes a false statement or misrepresentation on this form or on any accompanying documents is subject to penalties |
|
that may include fines, imprisonment, or both, under the U.S. Criminal Code and 20 U.S.C. 1097. |
OMB No.
Form Approved
Exp. Date 07/31/2013
SECTION 1: BORROWER IDENTIFICATION
Please enter or correct the following information.
SSN
Name _________________________________________________________
Address ________________________________________________________
City, State, Zip Code ______________________________________________
Telephone - Home ( ) _________________________________________
Telephone - Other ( ) _________________________________________
SECTION 2: ELIGIBILITY REQUIREMENTS AND DEFERMENT REQUEST
Before completing this deferment request, carefully read the entire form. For the Military Service Deferment, a representative may complete and sign this form on your behalf if you are unable to do so. Check the appropriate box(es) for the deferment(s) you are requesting. For the
(A)o Military Service Deferment. I meet the eligibility requirements for this deferment as described in Sections 6 and 7 and request that my loan holder defer repayment of my eligible loan(s) beginning on the date I began performing the military service that qualifies me for the deferment, and ending 180 days following completion of my qualifying military service. If I am requesting a deferment for military service that ended before October 1, 2007, the deferment period will end on the ending date of my qualifying military service.
(B)o
Enter the name of the school where you were enrolled on at least a
Name of school: _______________________________________________________________________ Date last enrolled at least half time: ______________________________
SECTION 3: BORROWER CERTIFICATIONS AND AUTHORIZATION
nI certify that the information I have provided on this form is true and correct, and that I have read, understand, and meet the eligibility requirements and terms and conditions of the deferment(s) that I have requested, as explained in Sections 2, 6, and 7.
nI authorize the school, the lender, the guaranty agency, the U.S. Department of Education, and their respective agents and contractors to contact me regarding my loan(s), including repayment of my loan(s), at the current or any future number that I provide for my cellular telephone or other wireless device using automated telephone dialing equipment or artificial or prerecorded voice or text messages.
Signature of Borrower or Borrower’s Representative |
|
Date |
|
|
|
|
||
Printed Name of Borrower’s Representative (if applicable) |
|
Relationship to Borrower |
|
|||||
Address of Borrower’s Representative |
|
Telephone ( |
) |
|
|
SECTION 4: AUTHORIZED OFFICIAL’S CERTIFICATION
Note: As an alternative to completing this section, a written statement from the commanding or personnel officer or a copy of the military orders may be attached. The statement or copy must include all information needed to establish the borrower’s eligibility for the deferment(s) indicated in Section 2, including the period of the qualifying service. If the borrower is/was serving in an area of hostilities in which service qualifies for special pay under section 310 of title 37, United States Code, the statement or copy must identify the hostile fire/imminent danger pay area in which the borrower is/was on active duty.
I certify, to the best of my knowledge and belief, that:
n The borrower’s service meets the eligibility requirements for the deferment(s) indicated in Section 2 and as described in Sections 6 and 7, as applicable.
n The borrower’s service begins/began on
(1)The borrower is (check one):
o A member of an Armed Force reassigned to a duty station at a location other than the location where the member is normally assigned. o A Reserve or retired member of an Armed Force called to active duty under 10 U.S.C. 12301(a), 12301(g), 12302, 12304, 12306, or 688.
o On
(2)The reassignment/call to active
o Contingency Operation (identify): o Operation Enduring Freedom o Operation Iraqi Freedom/Operation New Dawn o Other o National Emergency (identify):
o War (identify):
Note: If the borrower’s service is not in connection with a contingency operation, national emergency, or war, do not complete this form.
(3)o If applicable, by checking this box I further certify that the borrower is/was serving in an area of hostilities in which service qualifies for special pay under section 310 of title 37, United States Code.
Name of Military Branch or National Guard Component |
|
|
|
|
|
|
|||
Address |
|
|
City, State, Zip Code |
|
|
|
|||
Name/Title of Authorized Official |
|
|
Telephone ( |
) |
|
|
|||
Authorized Official’s Signature |
|
|
Date |
|
|
|
|
Page 1 of 3
SECTION 5: INSTRUCTIONS FOR COMPLETING THE FORM
n Type or print using dark ink. Enter dates as
n To establish your eligibility, an authorized official must complete Section 4, or a copy of your military orders or a written statement from your commanding or personnel officer must be attached.
n Return the completed form and any required documentation to the address shown in Section 8.
SECTION 6: DEFINITIONS
n For the Military Service Deferment only:
•Active duty means
•Serving on active duty during a war or other military operation or national emergency means service by an individual who is (1) a Reserve of an Armed Force ordered to active duty under 10 U.S.C. 12301(a), 12301(g), 12302, 12304, or 12306; or (2) a retired member of an Armed Force ordered to active duty under 10 U.S.C. 688 for service in connection with a war or other military operation or national emergency, regardless of the location at which the active duty service is performed; or (3) any other member of an Armed Force on active duty in connection with the emergency or subsequent actions or conditions who has been assigned to a duty station at a location other than the location where the member is normally assigned.
•Military operation means a contingency operation as defined in 10 U.S.C. 101(a)(13). A contingency operation is a military operation that (1) is designated by the U.S. Secretary of Defense as an operation in which members of the Armed Forces are or may become involved in military actions, operations, or hostilities against an enemy of the U.S. or against an opposing military force; or (2) results in the call or order to, or retention on, active duty of members of the uniformed services under 10 U.S.C. 688, 12301(a), 12302, 12304, 12305, or 12406; 10 U.S.C. Chapter 15; or any other provision of law during a war or during a national emergency declared by the President or Congress.
•National emergency means the national emergency by reason of certain terrorist attacks declared by the President on September 14, 2001, or subsequent national emergencies declared by the President by reason of terrorist attacks.
•Qualifying National Guard duty during a war or other operation or national emergency means training or other duty, other than inactive, performed by a member of the National Guard on
n For the
•For a Reserve or retired member of an Armed Force, active duty means
•For a member of the National Guard, active duty means (1) active state duty under which a governor activates National Guard personnel based on state law or policy and the activities of the National Guard are paid for with state funds; and (2)
n An authorized certifying official is my commanding or personnel officer.
n Capitalization is the addition of unpaid interest to the principal balance of my FFEL or Direct Loan program loan. The principal balance of a loan increases when payments are postponed during deferment/forbearance and unpaid interest is capitalized. As a result, more interest may accrue over the life of the loan, the monthly payment amount may be higher, or more payments may be required. The chart provides estimates, for a $15,000 loan balance at a 9% interest rate, of the monthly payments due following a
Treatment of Interest Accrued |
Loan |
Capitalized Interest |
Principal to Be |
Monthly |
Number of |
Total Amount |
Total Interest |
During Deferment |
Amount |
for 12 Months |
Repaid |
Payment |
Payments |
Repaid |
Paid |
|
|
|
|
|
|
|
|
Interest is paid |
$15,000.00 |
$0.00 |
$15,000.00 |
$190.01 |
120 |
$24,151.64* |
$9,151.64 |
|
|
|
|
|
|
|
|
Interest is capitalized at the end of deferment |
$15,000.00 |
$1,350.00 |
$16,350.00 |
$207.11 |
120 |
$24,853.79 |
$9,853.79 |
|
|
|
|
|
|
|
|
Interest is capitalized quarterly during deferment |
$15,000.00 |
$1,396.25 |
$16,396.25 |
$207.70 |
120 |
$24,924.09 |
$9,924.09 |
and at the end of deferment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
*Total amount repaid includes $1,350 of interest paid during the
n A deferment is a period during which I am entitled to postpone repayment of the principal balance of my loan(s). Interest is not charged during a deferment on subsidized FFEL or Direct Loan program loans, or on Perkins Loan Program loans. Interest is charged during a deferment on unsubsidized FFEL and Direct Loan program loans, unless I qualify for the no interest accrual benefit for active duty service members (see Section 7). Note: Interest is not charged on a Federal Consolidation Loan during a deferment only if (1) the application for the Consolidation Loan was received by my loan holder on or after January 1, 1993, but before August 10, 1993; (2) the application was received by my loan holder on or after August 10, 1993, and the Federal Consolidation Loan includes only Federal Stafford Loans that were eligible for federal interest subsidy; or (3) the application was received by my loan holder on or after November 13, 1997, in which case interest is not charged on the portion of the Federal Consolidation Loan that paid a subsidized FFEL or Direct Loan program loan.
n The Federal Family Education Loan (FFEL) Program includes Federal Stafford Loans (both subsidized and unsubsidized), Federal PLUS Loans, Federal Consolidation Loans, and Federal Supplemental Loans for Students (SLS). Note: SLS loans are no longer made under this program, but the deferments covered on this form are available to borrowers with SLS loans that are still in repayment.
n The Federal Perkins Loan (Perkins Loan) Program includes Federal Perkins Loans, National Direct Student Loans (NDSL), and National Defense Student Loans (Defense Loans).
n The William D. Ford Federal Direct Loan (Direct Loan) Program includes Federal Direct Stafford/Ford (Direct Subsidized) Loans, Federal Direct Unsubsidized Stafford/Ford (Direct Unsubsidized) Loans, Federal Direct PLUS (Direct PLUS) Loans, and Federal Direct Consolidation (Direct Consolidation) Loans.
n Forbearance means permitting the temporary cessation of payments, allowing an extension of time for making payments, or temporarily accepting smaller payments than scheduled. I am responsible for paying the interest that accrues on my loan(s) during a forbearance. If I do not pay the interest that accrues on a FFEL or Direct Loan program loan during forbearance, it may be capitalized. Unpaid interest that accrues on a Perkins Loan Program loan during a forbearance is not capitalized.
n The holder of my FFEL Program loan(s) may be a lender, guaranty agency, secondary market, or the U.S. Department of Education (the Department). The holder of my Direct Loan Program loan(s) is the Department. The holder of my Perkins Loan Program loan(s) may be a school or the Department.
Page 2 of 3
SECTION 7: ELIGIBILITY REQUIREMENTS AND TERMS/CONDITIONS FOR MILITARY SERVICE DEFERMENT AND
n Military Service Deferment eligibility requirements: I may defer repayment of my loan(s) while I am (1) serving on active duty during a war or other military operation or national emergency or (2) performing qualifying National Guard duty during a war or other military operation or national emergency, and for an additional 180 days following the completion of my qualifying military service. I must provide my loan holder with a copy of my military orders or a written statement from my commanding or personnel officer, or I must have my commanding or personnel officer certify in Section 4 on this form.
n
(3)I provide my loan holder with the name of the school I attended and my last date of attendance; and (4) I provide my loan holder with a copy of my military orders or a written statement from my commanding or personnel officer, or my commanding or personnel officer certifies in Section 4 on this form.
n I am not required to make payments of loan principal during my deferment. I will not be charged interest on my Perkins Loan Program loan(s) or on my subsidized FFEL or Direct Loan program loan(s) during my deferment. However, I will be charged interest on my unsubsidized FFEL and Direct Loan program loan(s), unless I qualify for the Direct Loan Program’s no interest accrual benefit for active duty service members as explained below.
n I have the option of paying the interest that accrues on my unsubsidized FFEL or Direct Loan program loan(s) during my deferment. My loan holder may capitalize interest that I do not pay during the deferment period on my unsubsidized FFEL or Direct Loan program loan(s).
n If my deferment does not cover all my past due payments, my loan holder may grant me (a) a forbearance for all payments due before the date my deferment begins, or (b) a forbearance for all payments due at the time my deferment request is processed if the period for which I am eligible for a deferment has ended.
n My loan holder may capitalize unpaid interest that accrues during a forbearance period on my FFEL or Direct Loan program loan(s), and this will increase the principal balance of the loan(s). Unpaid interest that accrues on a Perkins Loan Program loan during a forbearance period is not capitalized.
n My loan holder may grant me a forbearance on my FFEL or Direct Loan program loan(s) for up to 60 days, if necessary, for the collection and processing of documentation related to my deferment request. Interest that accrues during this forbearance period will not be capitalized.
n If I am a Direct Loan borrower, no interest will be charged on my Direct Loan Program loans that were first disbursed on or after October 1, 2008, or on the portion of a Direct Consolidation Loan that repaid Direct Loan or FFEL Program loans that were first disbursed on or after October 1, 2008, for a period not to exceed 60 months while I:
•Qualify for a military service deferment (see Section 2, Item A) as described in Sections 6 and 7, and
•Serve in an area of hostilities in which service qualiies for special pay under section 310 of title 37, United States Code, as certiied by an authorized oficial in Section 4, or documented in a written statement from my commanding or personnel officer or in a copy of my military orders.
n I will provide additional documentation to my loan holder, as required, to support my eligibility for this deferment.
n I will notify my loan holder immediately if I stop performing the military duty that qualifies me for the deferment I have requested or if I otherwise become ineligible for this deferment.
SECTION 8: WHERE TO SEND THE COMPLETED DEFERMENT REQUEST
Return the completed deferment request and any required documentation to: (If no address is shown, return to your loan holder.)
If you need help completing this form, call:
(If no telephone number is shown, call your loan holder.)
SECTION 9: IMPORTANT NOTICES
Privacy Act Notice. The Privacy Act of 1974 (5 U.S.C. 552a) requires that the following notice be provided to you:
The authority for collecting the requested information from and about you is §421 et seq., §451 et seq., and/or §461 et seq. of the Higher Education Act (HEA) of 1965, as amended (20 U.S.C. 1071 et seq., 20 U.S.C. 1087a et seq., and/or 20 U.S.C. 1087aa et seq.), and the authorities for collecting and using your Social Security Number (SSN) are §484(a)(4) of the HEA (20 U.S.C. 1091(a)(4)) and 31 U.S.C. 7701(b). Participating in the Federal Family Education Loan (FFEL) Program, William D. Ford Federal Direct Loan (Direct Loan) Program, and Federal Perkins Loan (Perkins) Program and giving us your SSN are voluntary, but you must provide the requested information, including your SSN, to participate.
The principal purposes for collecting the information on this form, including your SSN, are to verify your identity, to determine your eligibility to receive a loan or a benefit on a loan (such as a deferment, forbearance, discharge, or forgiveness) under the FFEL Program, Direct Loan Program, and/or Perkins Program, to permit the servicing of your loan(s), and, if it becomes necessary, to locate you and to collect and report on your loan(s) if your loan(s) become delinquent or in default. We also use your SSN as an account identifier and to permit you to access your account information electronically.
The information in your file may be disclosed, on a
To provide default rate calculations, disclosures may be made to guaranty agencies, to financial and educational institutions, or to state agencies. To provide financial aid history information, disclosures may be made to educational institutions. To assist program administrators with tracking refunds and cancellations, disclosures may be made to guaranty agencies, to financial and educational institutions, or to federal or state agencies. To provide a standardized method for educational institutions to efficiently submit student enrollment status, disclosures may be made to guaranty agencies or to financial and educational institutions. To counsel you in repayment efforts, disclosures may be made to guaranty agencies, to financial and educational institutions, or to federal, state, or local agencies.
In the event of litigation, we may send records to the Department of Justice, a court, adjudicative body, counsel, party, or witness if the disclosure is relevant and necessary to the litigation. If this information, either alone or with other information, indicates a potential violation of law, we may send it to the appropriate authority for action. We may send information to members of Congress if you ask them to help you with federal student aid questions. In circumstances involving employment complaints, grievances, or disciplinary actions, we may disclose relevant records to adjudicate or investigate the issues. If provided for by a collective bargaining agreement, we may disclose records to a labor organization recognized under 5 U.S.C. Chapter 71. Disclosures may be made to our contractors for the purpose of performing any programmatic function that requires disclosure of records. Before making any such disclosure, we will require the contractor to maintain Privacy Act safeguards. Disclosures may also be made to qualified researchers under Privacy Act safeguards.
Paperwork Reduction Notice. According to the Paperwork Reduction Act of 1995, no persons are required to respond to a collection of information unless it displays a currently valid OMB control number. The valid OMB control number for this information collection is
0.5hours (30 minutes) per response, including the time to review instructions, search existing data resources, gather and maintain the data needed, and complete and review the information collection. If you have any comments concerning the accuracy of the time estimate(s) or suggestions for improving this form, please write to:
U.S. Department of Education
Washington, DC
If you have questions regarding the status of your individual submission of this form, contact your loan holder (see Section 8).
Page 3 of 3