How Do I Ask for Student Loan Forgiveness?

How Do I Ask for Student Loan Forgiveness?

The much-anticipated student loan forgiveness program was announced in August 2022, and it already faced a wave of legal challenges.

Applications are paused, and the student loan forgiveness currently cannot be processed due to court activity and such.

You can find more answers about eligibility and how the program will be processed below.

How do I know if my loan qualifies for loan forgiveness? If your application is approved, the Department of Education will send you some information.

Besides, your loan servicer will also update you about this matter. What loans cannot be forgiven? Private student loans are not eligible for the student loan forgiveness plan.

How do I ask for a forgiveness loan? You can get the application forms for a student loan forgiveness plan by contacting your loan servicer or

the US Department of Education’s Federal Student Aid Information Center at 1-800-433-3423.

Will Biden forgive private student loans? No. Private student loans will no longer be eligible for the student loan forgiveness plan.

However, the Department of Education is still looking for “alternative pathways” for this group of student loan borrowers.

Do loans get forgiven after 10 years? Borrowers can have their loans forgiven after 10 years if they meet the requirements.

Designed by Alexander Rabu