Each Unemployment Assistance period lasts for three months. You may apply for extensions in three-month increments, up to 12 months in aggregate over the life of the loan; use of other short term assistance plans may consume this allowance and use of these plans will extend the loan term by a corresponding number of months. Be aware that you may be subject to a cool-off period.
During an approved hardship program period, interest may continue to accrue.
For Student Loans and Personal Loans, reduced monthly payments are required,
For Student Loans, the life of the loan will be extended by the length of the program and any unpaid interest will be capitalized and re-amortized over the remaining period to the extent permitted by applicable law.