The process where the government cancels whole or part of a student's amount outstanding, subject to compliance with inescapable conditions, is called Loan Forgiveness. Educational sponsorship availed by you for the purpose of financing your study may be cancelled in whole or in part for some reasons. Cancellation of loan requires the following conditions to be satisfied.
Your status was not confirmed by school authorities before the studies commenced reimbursement due was not received. The school is terminated within 90 days from the date of enrollment without completing the study program Bad estimation of your ability pertaining to the course Disability suffered by the borrower after the amount has been granted Forged signature Borrower's untimely death Becoming bankruptConditions for Loan Forgiveness /Cancellation
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student Loan Forgiveness Programs
Students performing one or more of these activities are granted cancellation:
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