You must repay your student loan even if you don’t complete or can’t find a job related to your program of study, or are unhappy with the education you paid for with your loan. However, we will discharge (forgive) your loan if you have your loan discharged in bankruptcy, if you become totally and permanently disabled (additional conditions apply), or if you die.
We may discharge some or all of your loan if your school closed before you completed the program, if the school forged your signature or falsely certified that you were eligible for aid, or if you dropped out of school and the school did not pay a refund of your loan money that it was required to pay under federal regulations. Check the school’s informational materials to see how refund policies apply to federal aid at that school. You may also qualify for forgiveness of some of your loans if you teach full time for five years in certain low-income schools and meet other requirements.
