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LOAN DISCHARGE APPLICATION: TOTAL AND PERMANENT DISABILITY OMB No. 1845-0065 Form Approved Exp. Date 11/30/2002 Federal Family Education Loan Program / Federal Perkins Loan Program / William D. Ford
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How to fill out loan disch app-total dis-1
How to fill out loan disch app-total dis-1:
01
Start by gathering all the necessary documents such as financial records, loan information, and any supporting documents.
02
Carefully read through the instructions provided with the loan discharge application to understand the requirements and procedures.
03
Begin filling out the application by entering your personal information, including your name, contact information, and social security number.
04
Provide details about the loan you wish to discharge, such as the loan type, loan amount, and the reason for seeking discharge.
05
If applicable, include information about any co-borrowers or co-signers involved in the loan.
06
Proceed to complete the financial information section, which may require you to provide details about your income, expenses, and assets.
07
Double-check all the entered information to ensure accuracy and completeness.
08
Sign and date the application form.
09
Make copies of the entire application for your records.
10
Submit the completed application to the appropriate loan servicer or lender, following their specified submission instructions.
Who needs loan disch app-total dis-1:
01
Individuals who are struggling with significant financial hardship and are unable to repay their loans.
02
Borrowers who have undergone specific circumstances such as permanent disability, closure of the school attended, or other qualifying reasons for loan discharge.
03
Individuals who meet the eligibility criteria and have been advised by their loan servicer or lender to apply for a loan discharge using the total dis-1 application.
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