Some student loan forgiveness is automatic. Other student loan forgiveness requires the borrower to submit anapplication form. Application forms can be obtained by contacting the loan servicer or by calling the U.S. Department of Education鈥檚 Federal Student Aid Information Center at 1-800-4-FED-AID (1-800-433-3243).
People also ask
What are the student loan forgiveness programs for federal student loans?
There are several student loan forgiveness programs for federal student loans. The steps you need to follow to get your debt forgiven depend on the program you鈥檙e eligible for. The Department of Education has programs that eliminate federal student loan debt for everything from disability to not receiving a refund.
Can I get my student loans forgiven after 10 years of service?
There are three options to get your loans forgiven after working in public service for at least 10 years. The Public Service Loan Forgiveness Program is the main pathway to apply for forgiveness, but few borrowers met the program鈥檚 complicated requirements.
How do I apply for loan forgiveness?
Application forms can be obtained by contacting the loan servicer or by calling the U.S. Department of Education鈥檚 Federal Student Aid Information Center at 1-800-4-FED-AID (1-800-433-3243). There is no fee to apply for loan forgiveness. You do not need to pay anyone for help in applying for loan forgiveness.
Can I get loan forgiveness if I teach elementary school?
College graduates who teach full-time in a low-income elementary or secondary school (or educational service agency) for five years may qualify for up to $17,500 in loan forgiveness on their subsidized and unsubsidized Federal Stafford Loans. Both FFELP and Direct Loans can qualify.