Loan Forgiveness

I am going to school now, and racked up some debt with my classes, and will be expected to rack up debt in the next semester. And to be quite honest, I am not very confident in being able to get a job. I wish I had one. However if it came to this. I was wondering how does the loan forgiveness work for those that are permanently disabled? Can it work for anyone who is disabled? Or is it for different type of disability? I do have a permanent disabled which is my hearing and speech impairment. Plus I have a chronic shoulder pain that is likely due to nerves, that is not likely to go away anytime soon with therapy.

I'm not sure. Maybe you can call the school's financial aid office to see if they know.

Anyone else know?

Here's the official website which explains it: https://studentaid.ed.gov/repay-loan...s-cancellation

I hope you find the answers that you need and help with this. I know this stress too well myself. Perna's link and Traveling Lady's suggestion about contacting the office seem like really good ideas. Thank you for sharing this and for asking about it.

As I mentioned, I know this stress to well too and want to thank Perna for that link. My loans are coming due and am in a panic. All I have right now is my SSDI and am struggling to go back to work with my disability. Not sure how I am going to do it or pay for it with my SSDI. I did not know that SSDI permanent disability recipients could possibly get their loans discharged. I will be pursuing this. Thanks again everyone for this info.

I wish you well Forget-Me-Nots with your classes and in getting your loans resolved so some pressure is taken off soon! (((((Forget-Me-Nots))))))))

Since you are going to school with student loans presently, it may be difficult to argue that you are too disabled to pay them back. That said, you may be able to have training paid through a ticket to work type program.

I was hoping someone could answer here, the website doesn't really give much info except for the requirements. Yes it says you can with SSDI or SSI and have to have a 5 to 7 year review or you have a physician that says you can't work. I looked up some info, it seems that you may be able to make a good argument under certain circumstances like taking classes online and maybe off under certain credit hours. I was accepted by vocal rehab, accepted by vocal rehab as in they still have not done anything for me. And disability support services with my school. I'm not expecting to get it all discharged, however the help would be very appreciated.

You should also take a look at the Income Based Repayment plan.

I just dealt with this a couple months ago, my loans payments were coming up and as I've been out of work for 3 years due to my illness I had no income to repay with. I talked to a lovely lady on the phone and explained that I would be looking for employment in the next 5 years, so I didn't think I qualified for permanent disability, but as of then I wasn't able to work and needed more time. So she suggested the income based repayment plan, because I had no income my payments were $0. Yep, nada. And they still counted to the 25 year payments forgiveness program. Now because you have income you're payment will be some amount, I believe it's around 10% of your income, but it's affordable in most cases and will keep you out of trouble with the loan companies. Check into it. There'll be a link to income based repayment plans on whoever your loan servicing site is.

Your Repayment plan also depends on the amount you owe if it's more than the income. It is still a possibility that it could be 0, they have a calculator. You can just Google it. This would be a good option for me, if I can't get a job. It's nice to here someone else's experience. Thank you.

I'm on the Income based repayment plan, and my monthly payment is also $0, as I am not earning any money. But my loans are still accruing interest and so the balance due increases each month. Something to keep in mind.

I just dealt with this the other week. My Student loans were in default. I have been unable to work for two years. There is a SL discharge program but you must be on permanent disability for a minimum of three years. I believe it is a 100% discharge.
Currently bring the loans out of default for $10 a month.

Thanks guys for posting your experience your information is a great help.