Discharge due to disability or death

Description

Discharge due to disability or death

Discharge relieves you from having to repay your loan and may be available in certain circumstances.

For federal student loans, in the event that you become disabled, you may be able to discharge the federal loans through total and permanent disability (TPD) discharge. In the case of total and permanent disability of the borrower, federal student loans can often be discharged. There is a special process to make this disability determination. The U.S. Department of Education has established a special website  with further details.

Federal student loans do not transfer to another person if you die. Your relatives can notify the loan servicer, and the loans will be canceled.

For private student loans, unlike federal student loans, there are no legal requirements to cancel private student loans for borrowers who die or become disabled. In certain cases, private lenders have special provisions to discharge loans. Check the terms and conditions of your loan, or contact your servicer for more details.