COLLEGE LOAN FORGIVENESS
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The cancellation of all or some portion of your remaining federal student loan balance. If your loan is forgiven, you are no longer responsible for repaying that remaining portion of the loan. To see if you qualify for college loan forgiveness with the D.O.E simply complete the application form above. Or you can call to speak with a student loan consolidation specialist – ?877-698-2733!
The process of bringing a loan out of default and removing the default notation from a borrower’s credit report. To rehabilitate a Direct or a FFEL Loan, the borrower must make at least 9 full payments of an agreed amount within 20 days of their monthly due dates over a 10-month period. To rehabilitate a Perkins Loan, a borrower must make nine on-time, consecutive monthly payments of an agreed-upon amount. Rehabilitation terms and conditions vary for other loan types and can be obtained directly from loan holders.
Forgiveness, cancellation, and discharge of your loan means that you are no longer expected to repay your loan.