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Am TLFA You may qualify for loan forgiveness only if you had no outstanding balance on a William D. Ford Federal Direct Loan (Direct Loan) Program loan or a Federal Family Education Loan (FFEL) Program loan on October 1, 1998, or had no outstanding balance on a Direct Loan or FFEL program loan on the date you obtained a loan after October 1, 1998. WARNING: Any person who knowingly makes a false statement or misrepresentation on this form or on any accompanying document is subject to penalties.

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Can AES student loans be forgiven? The private student loans AES services are not eligible for loan forgiveness. But the federal student loans it servicers can be forgiven under different programs offered by the Department of Education.

Federal student loan borrowers holding Navient FFEL Loans may qualify for forgiveness if they work for the government, qualifying not-for-profit organizations (including religious ones), or have had their loans for 20 years or more.

Unconsolidated FFELP loans are eligible for: Income-based repayment and forgiveness. Pandemic-related student loan forbearance if they are held by the federal government. Student loan deferment and forbearance.

FFEL loans are not eligible for most income-driven repayment plans or loan forgiveness programs unless you refinance them into a Direct Consolidation Loan. Direct Loans are eligible for the four main types of income-driven repayment plans and the Public Service Loan Forgiveness (PSLF) program.

FFEL and Perkins loans may be "converted" to a Direct Loan (which is forgivable under the above programs) by requesting a Direct Consolidation Loan to "pay off" FFEL and Perkins Loans. To see if you have FFEL Loans: sign into .NSLDS.ed.gov (using your Federal PIN).

American Education Services (AES) is a federal loan servicer that processes FFEL loans. While the FFEL program was discontinued, AES still handles borrowers in repayments, and it also services some private student loans for other lenders.

Loan consolidation can simplify your monthly payments by combining multiple loans into one loan. After consolidating your loans, you will only have to make a payment to one student loan servicer. This may make it easier to keep track of your student loans and help manage your finances.

The Federal Family Education Loan Program (FFELP) is a federal loan program under which commercial lenders provide education loans to student and parent borrowers.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232