Tax-Exempt Organization Volunteer Deferment

"I am a full-time, paid volunteer for a tax-exempt organization."

Tax-Exempt Organization Volunteer Deferment — A deferment for borrowers who serve as full-time, paid volunteers for a tax-exempt organization.

The maximum cumulative time frame that you may receive this deferment is 3 years. You must have an authorized official of the volunteer program certify your dates of service.

Qualifications

You may qualify, if all of the following apply:

You have:
- An outstanding balance on at least one FFELP loan that was made before July 1, 1993, or
- You are a PLUS loan borrower and your first loan was made before August 15, 1983.
You serve full time in an organization that has a tax exemption under Section 501(c)(3) of the Internal Revenue Code of 1986.
You assist low-income people and their communities in eliminating poverty and poverty-related human, social, and environmental conditions.
You do not earn more than the federal minimum wage (You may receive fringe benefits like those received by other employees of the organization).
You do not engage in religious instruction, proselytizing, fund-raising to support religious activities, or conduct worship services as part of your duties.
You have agreed to serve for a period of at least one-year.

How to Apply

Download the Public Service Deferment Request.
Carefully read the entire form. Certain documentation may be required.
Complete, print, and sign the deferment form. (To enter information into the interactive form, place your cursor in a field or tab from field to field. Turn interactive check boxes on and off by clicking on the box.) Mail it directly to your loan holder. Only your loan holder can approve your deferment request.
If you need further assistance, please contact your lender or servicer or TG Default Prevention.