Federal Student Loan Forgiveness
With the Biden Administration proposal to forgive up to $20,000 in Federal Student Loans, there is a lot of talk about loan forgiveness. It is important for you to be aware that there are certain circumstances that can lead to the government forgiving, cancelling, or discharging your loan.
You can learn more about the various circumstances that can help you have your loan forgiven and how to go about applying for loan forgiveness at the official U.S. Department of Education website.
You can learn more about the Biden Administration’s three-part plan here. As of September 13, that application process has not yet opened. To have the U.S. Department of Education notify you when the process opens, go here and sign up for Federal Student Loan Borrower Updates.
To learn more about affordability, financial aid and scholarships at Benedictine College, go here.