Get Loan Discharge Application: False Certification - Student Assistance ... - Files Safmt

False Certification (Disqualifying Status) Loan Discharge You may qualify for loan discharge if the school certified your eligibility; but, because of a physical or mental condition, age, criminal record, or other reason you are disqualified from employment in the occupation where you were being trained.

Your loan can be discharged only under specific circumstances, such as a school's closure, false certification of your eligibility to receive a loan, or failure to pay a required loan refund; certain types of misconduct committed by the school; or because of total and permanent disability, bankruptcy, identity theft, ...

Put simply, Student loan forgiveness, cancellation, or discharge all mean that you are no longer required to repay some or all of your loan balance. While often used interchangeably, there are important distinctions between the terms and when they are applicable.

An employee or affiliate of the school signed your name on the loan application or promissory note without your authorization or endorsed your loan check or signed your authorization for electronic funds transfer without your knowledge, and the loan money wasn't given to you or applied to charges you owed to the school ...

If the loan was in default, the discharge may erase the default status. If you have no other defaulted loans, you'll again be able to apply for federal student aid.

Student loan forgiveness is usually based on the borrower working in a particular occupation for a period of time. Student loan discharge is usually based on the borrower's inability to repay the debt or the borrower not being responsible for the debt because of fraud.

MANAGING YOUR ACCOUNT. REPAYING LOANS. When you have your federal student loans discharged, it means: you no longer have further obligation to repay the loan, you will receive a reimbursement of payments made voluntarily or through forced collection, and.

Under certain circumstances, you may be eligible to have some or all of your federal student loans discharged, meaning that the loans are erased and you are no longer obligated to pay. The primary circumstances that allow for discharge are when your school closes or your school engages in illegal conduct.