How Do We Know If a Loan Was In Default Before It Went Into Temporary Forbearance Under the CARES Act?

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This guidance is not award-year-specific and applies across award years.

Scenario: The CARES Act placed federally held federal student loans in an administrative forbearance (temporary suspension of payments and interest) from March 13, 2020 through September 30, 2020. This has since been extended through May 1, 2022 by multiple presidential actions. We're trying to distinguish between a loan that was in good standing prior to the forbearance, versus a loan that was in default prior to the forbearance.

Answer: According to NSLDS Customer Support, if a school would like to see what loan status a particular loan was in before going into forbearance, the school can view that information on the Loan Detail page under Status Changes for Loan or on the OPB History page in NSLDS.

NSLDS is not set up to anticipate future loan statuses. The school would need to contact the data provider for the loan to see what status the loan will go into once the forbearance period ends.

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