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LOAN DISCHARGE APPLICATION: FALSE CERTIFICATION OF ABILITY TO BENEFIT OMB No. 1845-0015 Form Approved Exp. Date 01/31/2002 Federal Family Education Loan Program / William D. Ford Federal Direct Loan
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How to fill out loan discharge application

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How to fill out loan discharge application:

01
Start by gathering all the necessary documents, such as your loan information, income details, and any supporting documentation that may be required.
02
Review the application form carefully and make sure you understand all the questions and sections that need to be filled out.
03
Fill in your personal information accurately, including your name, address, contact details, and social security number.
04
Provide details about your loan, including the loan account number, loan servicer's information, and the loan type.
05
If applicable, provide any reasons or circumstances that qualify you for a loan discharge, such as permanent disability or closure of the school you attended.
06
Include information regarding your financial situation, such as your current income, expenses, and assets.
07
Attach any supporting documentation that may be required, such as medical records or bankruptcy paperwork.
08
Review the completed application thoroughly to ensure all information is accurate and complete.
09
Sign and date the application, certifying that all the information provided is true and accurate to the best of your knowledge.
10
Make a copy of the completed application for your records before submitting it to the appropriate loan servicer or entity.

Who needs loan discharge application:

01
Individuals who are facing financial hardships and are unable to repay their student loans.
02
Borrowers with qualifying circumstances such as permanent disability, closed school discharge, or bankruptcy.
03
Students who attended schools that engaged in fraudulent activities or violated certain laws.
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A loan discharge application is a form that allows borrowers to request forgiveness or cancellation of their loans in certain circumstances.
Borrowers who meet specific eligibility criteria and are seeking loan forgiveness or cancellation are required to file a loan discharge application.
To fill out a loan discharge application, borrowers need to provide personal and loan-specific information as per the instructions provided on the application form.
The purpose of a loan discharge application is to allow eligible borrowers to request forgiveness or cancellation of their loans due to qualifying circumstances.
The information that must be reported on a loan discharge application includes borrower's personal details, loan details, qualifying circumstances for loan discharge, and any supporting documentation as required.
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Related Links

Student Loan Cancellation / Discharge Process
4) Ask the loan servicer to provide you with a loan discharge packet, so that you have the paperwork needed to apply for a discharge of federal financial aid.
TOTAL AND PERMANENT DISABILITY
Instructions for Physician: The borrower identified above is applying for discharge of his/her federal education loan(s) based on a total and permanent.
Cell Phone ( )
Borrowers whose previous federal student loans were discharged are monitored by the U. S. Department of Education (ED) for three years. If the borrower ...

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