Loan Cancellation & Discharge
All loans received under programs authorized
by Title IV, of the Higher Education Act can be canceled for
several different circumstances including: (1) in the event
of your death; or (2) if you become totally and permanently
disabled after the loan is disbursed.
In addition, some loan types may qualify for loan discharge
under a variety of conditions. The most cancellation provisions
are provided for you below: the
school you attended improperly certified your ability
to benefit from the training given.
the school you attended closed while you were in attendance
or within 90 days after you withdrew from the school.
A National Defense Student Loan
can be canceled in 2 additional circumstances: (1) full-time
teaching and (2) military service.
Finally, your obligation to repay your loan may be discharged
in bankruptcy.
Also please visit our Discharges section of our main
FSA site for additional information on loan cancellation
and discharges.
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