A federal student loan benefit that borrowers are entitled to. Forbearance will temporarily stop your payments or reduce your federal student loan monthly payment. Interest will continue to accrue on all loans. You are given three years’ worth of forbearance time for each loan you take out.

By filing a forbearance of a federal student loan, the payments will either be stopped temporarily or reduced until you are past a financial hardship or other situation. During forbearance, student-loan interest accrues while monthly payments are reduced or stopped. Forbearances apply to all subsidized and unsubsidized loans, including parent-funded PLUS loans.