Applying - What to do When
If you have read the General Information and have already determined your type of employment/service and believe that you are in a qualifying situation, you should now apply for either a Postponement of Payment or a Partial Loan Cancellation depending on how long you have already worked/served.
If you are just beginning qualifying employment/service or have been in a qualifying position for less than a complete 12-month period, you will be applying for a Postponement of Payment. To apply for postponement, you should print or request the appropriate type of forms for your work/service and return to our office.
If you have already completed a 12-month period of qualifying employment/service, you will be applying for a Partial Loan Cancellation. To apply for a partial cancellation, you should print or request the appropriate type of forms for your work/service and return as soon as possible.
If you have already completed a 12-month period of work/service and are still working/serving in a qualifying position, you will be applying for both partial cancellation and postponement. Print or request the appropriate forms for your work/service and complete each subsequent year until your loan is completely cancelled, you have reached the maximum allowable cancellation, or you no longer work/serve in a qualifying position.
NOTE: The appropriate sections of request forms must be completed in full as outlined above. Each form must be signed by the borrower and an authorized official of the employer or contracting agency.
Once you have your request forms in hand, if you should have questions, please first reread this section Applying -- What to Do When. If you still have questions after rereading this section, contact Loan Servicing at (801)626-7004.