Student Loan Repayment Pause Templates

Student Loan Repayment Pause, also known as deferment or forbearance, is a temporary suspension of loan payments for borrowers who are facing financial difficulties. During this period, interest may continue to accrue, depending on the type of loan and the specific terms of the repayment plan.


If you are struggling to make your monthly student loan payments due to unemployment, disability, or other financial hardships, you may be eligible for a student loan repayment pause. To request a deferment or forbearance, you will need to contact your loan servicer or lender and provide documentation of your circumstances.

Template 1: Request for Student Loan Repayment Pause

Dear [Loan Servicer],

I am writing to request a temporary pause in the repayment of my student loan due to financial difficulties that I am currently facing. I am currently struggling to meet my monthly expenses, and it is becoming increasingly difficult to make timely payments on my student loan. I am requesting a temporary suspension of my payments for [number of months/years], beginning from [start date].

I would appreciate your assistance in working out a repayment plan that is more manageable for me, and that allows me to continue making payments in the future. I understand that interest will continue to accrue on my loan during this time, and I am willing to pay any additional interest that may accumulate as a result of the payment pause.

Thank you for your understanding and cooperation in this matter.

Sincerely,

[Your Name]

Template 2: Confirmation of Student Loan Repayment Pause

Dear [Borrower],

Thank you for your recent request to pause your student loan payments. We have reviewed your request and are pleased to inform you that we have approved a temporary suspension of your payments for [number of months/years], beginning from [start date]. During this time, interest will continue to accrue on your loan, but you will not be required to make any payments.

Please note that if you have enrolled in an automatic payment plan, you will need to cancel this arrangement during the payment pause period. You may resume your automatic payments once the payment pause has ended.

If you have any questions or concerns, please do not hesitate to contact us. We are committed to working with you to ensure that your student loan payments are manageable and affordable.

Sincerely,

[Loan Servicer]

Template 3: Request for Extension of Student Loan Repayment Pause

Dear [Loan Servicer],

I am writing to request an extension of the payment pause that was granted to me for my student loan. Due to unforeseen circumstances, I am still facing financial difficulties and am unable to resume making payments at this time. I am requesting an extension of [number of months/years], beginning from [start date].

I am willing to pay any additional interest that may accrue during the extended payment pause period, and I appreciate your understanding and cooperation in this matter.

Thank you for your assistance in working out a payment plan that is more manageable for me.

Sincerely, [Your Name]

Template 4: Denial of Student Loan Repayment Pause

Dear [Borrower],

We have received your request to pause your student loan payments, but we regret to inform you that we are unable to grant your request at this time. We understand that you are facing financial difficulties, but we are unable to offer a payment pause or other modifications to your repayment plan.

We recommend that you contact a credit counseling agency or financial advisor for assistance in managing your finances and exploring other repayment options. There may be other repayment plans that are more manageable for you, such as income-driven repayment plans or extended repayment plans.

If you have any questions or concerns, please do not hesitate to contact us. We are committed to working with you to ensure that your student loan payments are affordable and manageable.

Sincerely,

[Loan Servicer]

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