This is why it is so important for borrowers to learn about ways to get out of default, including possible
cancellation of federal student loans.
Student loan forgiveness and student loan discharge both involve
the cancellation of your federal student loans, but the ways that you qualify for each is different.
Not exact matches
Other
student loan forgiveness programs for nurses include the Federal Perkins Loan Cancellation, which pays up to 100 percent of your loans over a period of five ye
loan forgiveness programs for nurses include the
Federal Perkins
Loan Cancellation, which pays up to 100 percent of your loans over a period of five ye
Loan Cancellation, which pays up to 100 percent
of your
loans over a period
of five years.
The
cancellation of all or some portion
of your remaining
federal student loan balance.
In addition to the types
of forgiveness,
cancellation, and discharge shown above, you may also be eligible for discharge
of your
federal student loans based on borrower defense to repayment if you took out the
loans to attend a school that misled you, or engaged in other misconduct in violation
of certain state laws, and if the school's act or omission directly related to your
federal student loans or to the educational services that you paid for with the
loans.
** By refinancing
federal student loans, you may lose certain borrower benefits from your original
loans, such as interest - rate discounts, principal rebates, or some
cancellation benefits that can significantly reduce the cost
of repaying your
loans.
(i) The amount
of title IV
loans that the student borrowed (total amount disbursed less any cancellations or adjustments) for enrollment in the GE program (Federal PLUS Loans made to parents of dependent students, Direct PLUS Loans made to parents of dependent students, and Direct Unsubsidized Loans that were converted from TEACH Grants are not inclu
loans that the
student borrowed (total amount disbursed less any
cancellations or adjustments) for enrollment in the GE program (
Federal PLUS
Loans made to parents of dependent students, Direct PLUS Loans made to parents of dependent students, and Direct Unsubsidized Loans that were converted from TEACH Grants are not inclu
Loans made to parents
of dependent
students, Direct PLUS
Loans made to parents of dependent students, and Direct Unsubsidized Loans that were converted from TEACH Grants are not inclu
Loans made to parents
of dependent
students, and Direct Unsubsidized
Loans that were converted from TEACH Grants are not inclu
Loans that were converted from TEACH Grants are not included);
Federal student loan borrowers are eligible for the
cancellation of their
loans if they are
Federal student loan borrowers are eligible for the
cancellation of their
loans if they are totally and permanently disabled or due to death.