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Loan Discharge & Forgiveness

There are circumstances in which your Stafford or Perkins loan, or a portion of your loan, can be forgiven, or discharged. Below is a partial list of the most common forgiveness programs and discharge events. For a complete list, please contact Customer Service.

Federal Loan Forgiveness Programs
Teacher Stafford Perkins  
Public Service Stafford Perkins PLUS
Speech Language Pathologist   Perkins  
VISTA/ AmeriCorps   Perkins  
Peace Corps   Perkins  
Military Stafford Perkins  

Loan Discharge Eligibility
Total Disability Stafford Perkins PLUS
Death Stafford Perkins PLUS

Federal Programs

Loan Forgiveness for Teachers

If you teach full-time for five complete and consecutive academic years in a low-income elementary school, secondary school, or educational service agency, you may be eligible for forgiveness of up to $17,500 on your Direct Loan or FFEL program loans. See for more information and a form you can fill out when you have completed your teaching service.

Public Service Loan Forgiveness (PSLF)

If you are employed by a government or not-for-profit organization, you may be able to receive loan forgiveness under the Public Service Loan Forgiveness Program.

The Public Service Loan Forgiveness (PSLF) Program forgives the remaining balance on your Direct Loans after you have made 120 (10 years) qualifying monthly payments under a qualifying repayment plan while working full-time for a qualifying employer.

Learn more to see whether you might qualify.

Loan Discharge

There are circumstances in which a student loan can be discharged, releasing the borrower of his or her obligation to repay a loan, such as Total and Permanent Disability and death. Typically, student loans are not discharged in cases of bankruptcy. If you think you may qualify to have your loan discharged, please contact your loan servicer.