Total and Permanent Disability Discharge: Who Qualifies and What You Get
Learn if you qualify to have your federal student loans fully discharged due to a total and permanent disability.
This program allows borrowers to have their federal student loans cancelled if they are unable to work due to a total and permanent disability.
Who it's for
This scheme is for borrowers who become totally and permanently disabled. It is designed for individuals whose medical condition meets the specific definitions of total and permanent disability as required by the program.
What you get
If you qualify, you receive a full discharge of your federal student loans. This means the debt is cancelled, and you are no longer required to make payments on those specific loans.
What it costs you
There is no fee to apply for this discharge. However, you will need to provide medical documentation from a physician to prove your status. You will also need to spend time gathering and submitting the necessary medical evidence to support your claim.
The catch to know
Once the discharge is granted, there is a monitoring period that lasts for three years. You must be aware that your status is tracked during this time following the discharge.
How to apply
- Consult with a physician to obtain the necessary medical documentation regarding your disability.
- Gather all required information and documents to prove your condition meets the permanent disability criteria.
- Submit your application to the U.S. Department of Education.
- Be prepared to undergo a three-year monitoring period after the discharge is processed.