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OMB Control Number 18400849 V.1.1 last updated 9/21/2021 Expires 3/31/2024QuarterlyBudgetandExpenditureReportingforHEERFI,II, Andrei(a)(1)Institutionalization, (a)(2), and(a)(3), inapplicable September
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How to fill out discharge of student debt

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How to fill out discharge of student debt

01
Obtain the necessary discharge application form from the loan servicer or the Department of Education.
02
Fill out the form completely and accurately, providing all required documentation such as proof of disability or death certificate.
03
Attach any supporting documents requested with the form.
04
Submit the completed form and documentation to the appropriate address as specified on the form or by the loan servicer.
05
Follow up on the status of your application and provide any additional information requested by the loan servicer.

Who needs discharge of student debt?

01
Individuals who have become permanently disabled and are unable to work to pay off their student debt.
02
Dependents of students who have passed away and are unable to repay the debt on their behalf.
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Discharge of student debt refers to the cancellation or forgiveness of all or part of a borrower's student loan obligation, often due to specific circumstances such as disability, death, or school-related issues.
Individuals who believe they qualify for debt discharge due to specific circumstances, such as total and permanent disability, attending a closed school, or the false certification of a loan, are required to file for discharge of student debt.
To fill out the discharge of student debt application, borrowers must obtain and complete the relevant application form provided by their loan servicer or the Department of Education, ensuring to include required documentation that supports their claim for discharge.
The purpose of discharge of student debt is to relieve eligible borrowers from their legal obligation to repay their federal student loans, providing them with financial relief under certain qualifying conditions.
Essential information that must be reported includes the borrower's identification details, loan information, explanation of the reason for discharge, and any required supporting documentation.
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