Repay Student Loans » loan discharge http://www.repay-student-loans.com Student Loan Consolidation & Student Loan Repayment Mon, 07 Nov 2011 22:00:03 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Student Loan Cancellation & Discharge http://www.repay-student-loans.com/2009/05/student-loan-cancellation-discharge/ http://www.repay-student-loans.com/2009/05/student-loan-cancellation-discharge/#comments Sun, 10 May 2009 01:10:06 +0000 admin http://www.repay-student-loans.com/?p=122 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. Some of the most common cancellation provisions are listed 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.

Source: U.S. Department of Education

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