Link: https://time.com/personal-finance/article/how-to-apply-for-student-loan-forgiveness/
Who is eligible for student loan forgiveness?
Student loan forgiveness is generally limited to borrowers who have spent enough years working for a qualifying public employer. You’ll need Federal Direct loans to qualify for it.
To qualify for TLF, you’ll need either Federal Direct loans or Federal Family Education loans. Under this program you must also spend at least five consecutive academic years working for an elementary school, a secondary school, or an educational service agency that services low-income students.
Other student loan forgiveness programs exist under these limited circumstances:
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Perkins Loan Cancellation and Discharge. Federal Perkins loans may be discharged after meeting certain volunteer or employment requirements under certain circumstances.
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Closed School Discharge. If your college or university shuts down, you may qualify to have loans related to that school forgiven. This only works for Direct loans, Federal Family Education loans, and Perkins loans.
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Total and Permanent Disability Discharge. Federal Direct loans, Federal Family Education loans, and Perkins loans may be discharged if you are totally and permanently disabled.
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Bankruptcy Discharge. Getting your student loans forgiven during bankruptcy is extremely difficult but not impossible. Bankruptcy discharge may be available to borrowers with Direct Loans, Federal Family Education loans, and Perkins loans.
Some extremely rare additional situations may qualify you for forgiveness, including if the school did something egregious related to your loans or education, your school falsely certified your loan eligibility, or loans were created fraudulently using your information.
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