Here are some common student loan forgiveness programs in the United States:
Public Service Loan Forgiveness (PSLF): This program is for borrowers who work in qualifying public service jobs and make 120 qualifying payments under an eligible repayment plan. To apply for PSLF, you need to submit the Public Service Loan Forgiveness (PSLF) Application for Forgiveness.
Teacher Loan Forgiveness: Teachers who work in low-income schools or educational service agencies may be eligible for this program. You typically need to teach for five consecutive years in an eligible school and then apply using the Teacher Loan Forgiveness Application.
Income-Driven Repayment (IDR) Forgiveness: Borrowers on income-driven repayment plans, such as Income-Based Repayment (IBR), Pay As You Earn (PAYE), or Revised Pay As You Earn (REPAYE), may be eligible for forgiveness after 20 or 25 years of qualifying payments. You don’t apply for this forgiveness until you’ve made the required number of payments.
Closed School Discharge: If your school closes while you’re enrolled or shortly after you withdraw, you might be eligible for a discharge. You need to fill out the Closed School Loan Discharge Application.
Borrower Defense to Repayment: This is for borrowers who believe they were defrauded by their school or suffered other misconduct. You need to submit the Borrower Defense to Repayment Application.
Total and Permanent Disability Discharge: If you’re permanently disabled, you can apply for this discharge by submitting the Total and Permanent Disability Discharge Application.
Death Discharge: In the unfortunate event of the borrower’s death, the loan may be discharged. The borrower’s family or estate will typically need to provide a death certificate and other documentation to the loan servicer.
Please note that the application processes, eligibility criteria, and forgiveness amounts may change over time. Additionally, student loan forgiveness programs may differ in countries other than the United States. It’s essential to check the latest information on the official website of your loan servicer or the relevant government agency to get the most up-to-date and accurate instructions on how to apply for student loan forgiveness based on your specific circumstances and location.