Under all four plans, any remaining loan balance is forgiven if your federal student loans aren’t fully repaid at the end of the repayment period. There is no limit on how much forgiveness you receive as long as you meet the requirements.

In certain cases, you can have your federal student loan forgiven, canceled, or discharged. Find out whether you qualify due to your job or other circumstances.

Learn about options for student loan forgiveness and cancellation, including eligibility requirements and application process.

Jan 16, 2025 · The Biden-Harris Administration today announced its final round of student loan forgiveness, approving more than $600 million for 4,550 borrowers through the Income-Based Repayment (IBR) Plan and 4,100 individual borrower defense approvals.

Federal Student Aid (FSA) is your federal loan provider. FSA uses servicers (private companies) like Nelnet to manage billing, questions, and payments, and to help you enroll in the best …

Jan 15, 2025 · I'm looking for a loan... To get a Pell grant, direct loan, Parent PLUS loan or other federal aid, you must complete the... FSA ID; Then the... Free Application for Federal Student Aid ; Then, you should explore... Eligibility requirements. Estimates of aid. Funding your education

Oct 1, 2021 · The Biden-Harris Administration announced today the approval of an additional $4.8 billion in student loan debt relief for 80,300 borrowers. These discharges stem from fixes made by the U.S. Department of Education to income-driven repayment (IDR) forgiveness and Public Service Loan Forgiveness (PSLF).

Jan 14, 2025 · Nearly 85,000 people will get their federal student debt forgiven through the U.S. Department of Education's Borrower Defense Loan Discharge program. People may be eligible for the option if...

This page will help you navigate federal student loan forgiveness options and one-time federal cancellation, and help you answer questions about whether you qualify or how to apply. These benefits are only available on federal student loans.

11 hours ago · However, Republican lawmakers are considering a number of actions to limit or repeal federal student loan forgiveness programs to offset the costs associated with extending tax cuts. This could ...