The only Federal Loan Forgiveness information that I am aware of is as follows: If you die your loans are forgiven If you become perm. disabled your loans are forgiven
Are student loans forgiven at age 60? Are student loans forgiven at age 60?
No, your student loans will not be forgiven because your school closes.
no
If in case of death or total and permanent disability of the student Stafford Loans are completely forgiven.
One can have a student loan forgiven if one has no money at all to pay or if one joins a program called student loan which basically pays every penny of ones loan.
To determine if your student loan has been forgiven, you should contact your loan servicer or the Department of Education. They can provide you with information on the status of your loan forgiveness application and confirm if your loan has been forgiven.
To determine if your student loans have been forgiven, you should contact your loan servicer or the Department of Education. They can provide you with information on the status of your loans and whether they have been forgiven through a specific program or process.
No, but SSI isn't exempt from garnishment for student loans. In some instances federally funded student loans can be forgiven if the borrower becomes mentally and/or physically impaired to the point where he or she will never have sufficient ability to work and if a doctor will sign off on the disability. Edit: SSI CAN be garnished for federal student loans. This was part of the Debt Collection Improvement Act of 1996. Edited wording for total and permanent disability qualifications.
Actually, that's not true - student loans are forgiven when the student dies.
If one of your parents has died, you are eligible to receive about $220/month if you are a student under 25.
No. The money that your parents send you for educational and personal needs has already been subject to taxation.
No it isin't true that single parents go to college for free. Another answer to this question is that just about anyone can go to college for free IF they meet the right eligibility requirements for various forms of financial aid. It is NOT easy, but it is possible. The Pell Grant from the U.S. Department of Education is one such example. At the time of this answer, the maximum amount of money that a person can receive from the Pell Grant is over $5,000 IF the person meets the requirements. $5,000 will pay for a lot of classes and books at the right school, like a community college.