If you are “awaiting form administrative forbearance-ends 01/31/2025”, it means that you have requested a forbearance on your student loans and are waiting for the forbearance to be processed. Forbearance is a temporary postponement of loan payments, and it can be granted for a variety of reasons, such as financial hardship or military service. During the forbearance period, you will not be required to make payments on your student loans, and interest will not accrue.
There are a number of benefits to forbearance, including: