Loan Forgiveness Program
Student Loan Forgiveness
Congress created a program called the Public Service Loan Forgiveness Program to encourage individuals to enter and continue to work full-time in public service jobs. Under this program, borrowers may qualify for forgiveness of the remaining balance due on their eligible federal student loans.
What is Student Loan Forgiveness?
There are a few programs available to you that provide student loan forgiveness.These programs will allow you to work or volunteer and in return will literally erase a percentage of your federal student loan debts.
Federal student loan forgiveness programs can help you get out from under your Federal student loans. White attempting to further education, many students and graduates find themselves in a mountain of federal student loan debt. An overwhelming number of people can’t find a job that will accommodate these debts and leave room for day to day life. When you’re facing the consequences of not being able to repay your federal student loans. We can help.
Public Service Loan Forgiveness
You may qualify for public service loan forgiveness if you work full-time in a public service job. After making 120 qualifying consecutive payments under certain repayment plans while working full-time in a public service position, the balance of your Federal Student Loan would be completely for iven.
Total and Permanent Disability Discharge
A borrower may qualify for total and permanent disability discharge on their Federal Student Loans if they are unable to engage in any substantial gainful activity because of a physical or mental impairment.