Sentences with phrase «student loan cancellation»

If you borrowed federal student loans, one of the benefits you can enjoy is what is being regarded as federal student loans cancellation.

While there have been efforts to address the tax consequences of some of the other types of student loan cancellations, death and disability are often left out.

Parent PLUS Loans can also qualify for student loan cancellation, which is different from student loan forgiveness (we explain the difference here).

They offer a competitive student loan cancellation program that offers up to 70 percent of loan repayment for those who qualify.

For any of the reasons mentioned above, you will need to contact your federal student loans servicer to apply for the federal student loans cancellation.

Private student loan cancellations are another story.

Some people think that they don't have any responsibility to pay back their student loans if they don't complete or are not happy with the educational program on which the student loans were approved and Continue ReadingEligibility for Federal Student Loans Cancellation →

While some types of student loan cancellations (e.g. Public Service Loan Forgiveness, closed - school, etc.) are exempt from taxation, forgiveness of the debt due to disability and death is not exempt.

Private student loan cancellations are another story.

For Parent PLUS Loans, borrowers still have the option to apply for deferment, forbearance, and student loan cancellation.

We'll help consolidate your loans and apply for your student loan cancellation, total or partial forgiveness.

There are student loan cancellation and discharge programs that cancel your debt, such as total and permanent disability discharge (which we talk about in the next chapter)

Student loan cancellation — If you're responsible for making loan payments and the loan is canceled, you usually must include the amount forgiven in your gross income.

While some types of student loan cancellations (e.g. Public Service Loan Forgiveness, closed - school, etc.) are exempt from taxation, cancellation of debt due to disability and death are not.

While some types of student loan cancellations (e.g. Public Service Loan Forgiveness, closed - school, etc.) are exempt from taxation, forgiveness of the debt due to disability and deat