Past due on Perkins Loan, forbearance recommendation and history of mental health issues

[geokjr]

@kelsmom

I don’t understand this timeline, to be honest. If the last time he was enrolled at least half time was early in 2018, his loan would have gone into repayment in early 2019 at the latest (9 month grace period). I guess it’s a good thing that he is only considered a few months past due, rather than in default. I don’t see that your son has any cause for appeal with the school. He borrowed the loan, it went into repayment, and he didn’t pay. They are offering a way to get current with minimal impact on his credit score. Sounds like a good deal.

Might GWU have followed a different timeline for a leave of absence such as the one granted my son in August 2018 versus a student withdrawing from classes or simply not returning?

In any case, I agree with you. The forbearance and removal of the derogatory entry on his credit report is a really good deal.