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FAQ: Do transferred ED loans maintain their forbearance or deferment status?

July 27, 2010

As loans are transferred to Nelnet from the Department of Education, we are often asked the following:

Q: If a borrower’s loans are in forbearance or deferment status when they are transferred to a different servicer by ED, does the existing  status carry over with the loan?

A: Yes, the borrower’s status is carried with the loan when it is transferred from one servicer to another.

Comment on this post or contact your Regional Director if you have other questions we can answer.  The goal of this blog is to be of assistance to our school partners, so please keep the questions coming.

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