The forgive student loans program is a government-backed issued through Perkins or Stafford loans. You must apply through these programs to be considered for loan forgiveness. The loan amount subject to forgiveness can range from $1000 up to $100,000.
Many students are not aware of this government program. In order to be eligible, you must meet certain requirements. Search for Perkins or Stafford forgive student loans online. Apply using their online application and they will contact you.
You can learn about college education loans from government websites such as Student Loans and Student Aid. Other websites include CU Student Loans and Scholarships.
all banks do not forgive loans
The government will forgive student loans in some circumstances, such as if you work for a non-profit organization, or if you're working in underprivileged areas. See the following web site for more information: http://www.finaid.org/loans/forgiveness.phtml
There are a few ways you can get your student loans forgiven. If you join the military or peace corps, the government may forgive most or all of your student loans. Also, there is a national program for teachers who work in rural areas which involves forgiving student loan debt.
Student loan forgiveness is forgiven if one doesn't have any money at all to pay of the loans. This doesn't happen often but some companies forgive the loans when it is proven in court that one cant pay the loan.
You can ask him what type of loan he got and then see if it matches with the student loan forgiveness act criteria. This act forgives a wide array of loans but the government is having a tough time deciding what to do with it because the student loan debt is around 1 trillion dollars.
Consolidating student loans can save borrowers up to 50% on monthly loan payments. At StudentLoanConsolidator.com, you can learn how the consolidation process works, view interest rates, and get started consolidating both federal and private student loans.
Actually, that's not true - student loans are forgiven when the student dies.
Are student loans forgiven at age 60? Are student loans forgiven at age 60?
There are only a few companies that provide direct student loans. You can go to a bank and get student loans from there, or you can get Federal Loans from your school.
One can learn more abut student education on the websites of any university one is wanting to attend. They all have information on the courses they offer and learning processes. One can get information about student loans for education on the Federal Student Aid website.
One advantage of federal student loans compared to private student loans is that federal loans typically offer more flexible repayment options and lower interest rates.