Loan Forgiveness and Discharge
See if you qualify to have your loan debt reduced or eliminated, depending on your professional or personal situation.
|Program||You may qualify if…||How it works…|
|Teacher Loan Forgiveness||You teach full time at a low-income elementary or secondary school.||Forgives part or all of your educational loan debt, provided you fulfill certain work-related requirements|
|Loan Discharge||Your school:
||Dismisses your monthly loan payments and refunds payments you have already made|
|Total and Permanent Disability||
||Cancels your obligation to repay the balance of your student loans|
|Public Service Loan Forgiveness (PSLF)*||
||Forgives the remainder of your Direct Student Loan balance after you make 120 qualifying payments under an eligible repayment plan, while employed full-time for a qualifying public service-organization|
*Visit MyFedLoan.org/PSLF for more information. You can also obtain contact information to speak with a PSLF trained representative at FedLoan Servicing.