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20142015 STUDENT LOAN CANCELLATION REQUEST I, Student ID#, (Student name) request the Armstrong Office of Financial Aid to CANCEL my student loan(s) for: FALL SPRING SUMMER semester(s) for the 20142015

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How to fill out student loan cancellation form

01

To fill out a student loan cancellation form, you will need to follow these steps:

1.1

Gather the necessary information: Start by collecting all the required information to complete the form. This may include your personal details, such as name, address, and contact information, as well as specific loan details, such as the loan account number, loan servicer, and loan amount.

1.2

Review the eligibility criteria: Before filling out the form, it is important to review the eligibility criteria for loan cancellation. Understand the specific circumstances under which your student loan can be cancelled, such as public service work, teacher loan forgiveness, or disability-related cancellations.

1.3

Complete the form accurately: Carefully fill out the form, following the provided instructions. Ensure that all the information provided is accurate, as any errors or incomplete information may lead to delays in the loan cancellation process.

1.4

Provide necessary documentation: In addition to the form itself, you may be required to submit supporting documentation to prove your eligibility for loan cancellation. This can include documents such as employment verification, proof of teaching service, medical records, or disability certification.

1.5

Submit the form: Once you have completed the form and gathered all the necessary documentation, submit it to the appropriate loan servicer or cancellation program. Be sure to keep copies of all the documents for your records.

02

The need for a student loan cancellation form arises for individuals who meet certain eligibility criteria and wish to have their student loans cancelled or forgiven. The eligibility requirements can vary depending on the type of cancellation program or loan servicer.

2.1

Public service employees: Those who work in public service jobs, such as government or non-profit organizations, may be eligible for loan cancellation after a certain number of qualifying payments.

2.2

Teachers: Teachers who have served in low-income schools or educational service agencies for a specified period may qualify for loan cancellation under the Teacher Loan Forgiveness program.

2.3

Disabled individuals: Borrowers who are permanently disabled and meet certain criteria may be eligible for loan cancellation or discharge.

2.4

Military service members: Members of the armed forces may have their student loans cancelled under specific programs, such as the Military Service Deferment or the Post-9/11 GI Bill.

2.5

Other specific circumstances: There may be additional loan cancellation programs available for individuals facing unique circumstances, such as bankruptcy, closed school discharge, or false certification by the school.

Overall, those who meet the eligibility criteria outlined by their loan servicer or a specific loan cancellation program may require a student loan cancellation form to apply for loan forgiveness or cancellation.

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What is student loan cancellation form?

The student loan cancellation form is a document that allows borrowers to request the cancellation of their student loans under certain circumstances.

Who is required to file student loan cancellation form?

Borrowers who meet specific eligibility criteria and wish to have their student loans cancelled are required to file the student loan cancellation form.

How to fill out student loan cancellation form?

Fill out the required sections of the student loan cancellation form with accurate and up-to-date information as per the instructions provided.

What is the purpose of student loan cancellation form?

The purpose of the student loan cancellation form is to provide borrowers with a formal process to request the cancellation of their student loans.

What information must be reported on student loan cancellation form?

Borrowers must report personal details, loan account information, and any supporting documents as required on the student loan cancellation form.

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