Sentences with phrase «through borrower defense»

Four borrowers, on behalf of a nation - wide class, seek an injunction to block the administration from applying its recently - announced plan to partially deny student loan relief to which defrauded borrowers are entitled, and that the Department had previously provided to certain cohorts of Corinthian borrowers through the borrower defense application process set up by the Department.

If you receive a partial discharge, you will be responsible for repaying any amounts that are not discharged through borrower defense including any interest that accumulated.

Borrowers who attended Corinthian Colleges (Everest, Heald, and WyoTech) with a first date of attendance between July 1, 2010, and Sept. 30, 2014, and are seeking federal student loan forgiveness through borrower defense will complete a Corinthian - specific application.

Additionally, if the bankruptcy court finds that ITT violated its former students» rights under consumer protection or contract law, that could help make students eligible for federal student loan discharge through the borrower defense to repayment process.

Through borrower defense to repayment, you may be able to have your entire outstanding federal Direct Loan debt forgiven, and possibly be reimbursed for amounts you have already paid.

In particular, the IRS officially stated that former Corinthian students whose loans are discharged through a borrower defense to repayment WILL NOT owe taxes as a result.

Not exact matches

While borrower defense applications typically require the borrower to specifically show that his or her school violated state law, the Everest and WyoTech findings qualify students enrolled in the covered programs and time periods to apply for a discharge of their federal Direct Loans through an expedited process using a simple attestation form.

Specifically, you may assert borrower defense by demonstrating that the school, through an act or omission, violated state law directly related to your federal student loan or to the educational services for which the loan was provided.

«If the Administration were serious about helping harmed students and protecting students from predatory practices, it would be implementing the borrower defense and gainful employment regulations without delay and acting on the tens of thousands of pending loan discharge applications, not dismantling current protections and committing to follow through only on the 16,000 applications approved by the Obama Administration.