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LOAN DISCHARGE APPLICATION: FALSE CERTIFICATION (DISQUALIFYING STATUS) William D. Ford Federal Direct Loan (Direct Loan) Program Federal Family Education Loan (FFEL) ProgramOMB No. 18450058 Form Approved
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How to fill out loan discharge application

01
Gather all required personal and financial information.
02
Download the loan discharge application form from the lender's website or request it by contacting the lender.
03
Carefully read the application instructions to understand the requirements and eligibility criteria.
04
Fill in your personal details, including your name, address, and contact information.
05
Provide information about the loan, including the loan number, type of loan, and amounts owed.
06
Specify the reason for requesting loan discharge, such as total and permanent disability or school closure.
07
Attach any supporting documentation that verifies your eligibility for discharge.
08
Review the completed application for accuracy and completeness.
09
Sign and date the application form.
10
Submit the application via the preferred method (mail, online submission, etc.) as directed by the lender.

Who needs loan discharge application?

01
Individuals who have become totally and permanently disabled.
02
Borrowers whose educational institution has closed while they were enrolled.
03
Students who were misled by fraudulent practices related to their loans.
04
Those who have experienced significant hardships that inhibit their ability to repay their loans.
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A loan discharge application is a formal request made by a borrower to have their loan forgiven or canceled due to specific qualifying circumstances, such as disability or school closure.
Borrowers who believe they qualify for loan forgiveness based on criteria set by the loan servicer or the federal government are required to file a loan discharge application.
To fill out the loan discharge application, borrowers must provide personal information, details about the loan, reasons for seeking discharge, and any supporting documentation required by the lender.
The purpose of the loan discharge application is to formally request the cancellation of a borrower's loan based on specific eligibility criteria established under federal or state law.
The application must include the borrower's full name, Social Security number, loan account number, details of the reason for discharge, and any relevant documentation to support the request.
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