Can my student loans be forgiven if I am disabled?

If you’re a federal student loan borrower facing long-term disability and can’t work, you may be eligible for student loan forgiveness through Total and Permanent Disability discharge (TPD). To be eligible, you’ll first have to demonstrate that you are totally and permanently disabled.

Can student loans be forgiven for mental illness?

If you cannot work due to being totally and permanently disabled, physically or mentally, you may qualify to have your remaining student loan debt canceled. To be eligible, you’ll need to provide documentation proving your disability.

Can a student loan be discharged due to disability?

“Waiving these requirements will ensure no borrower who is totally and permanently disabled risks having to repay their loans simply because they could not submit paperwork.” The Department is providing this relief for borrowers who receive a federal student loan discharge due to total and permanent disability.

Are there any financial aid programs for disabled students?

The Federal government sponsors a number of financial aid programs for college-bound students, including the popular Pell Grant. The Pell grant is open to students from all backgrounds, and those with disabilities are equally encourage to apply to the program.

How do you get grants for students with disabilities?

Federal Grants for Students with Disabilities. To apply for any Federal aid, students must first fill out and submit the Free Application for Federal Student Aid, of FAFSA, in order to be eligible for any of the U.S. Department of Education’s financial aid programs.

Why did the education department announce student loan relief?

The Department is considering other future changes to how it monitors earnings for those who receive a total and permanent disability discharge. Today’s announcement is part of the Biden-Harris administration’s continued efforts to ensure student loan borrowers receive support and protection during the COVID-19 emergency.