Here's how to apply for student loan cancellation.
Any student loan borrower with Direct Loans who feels they were misled by their college or university can apply. This can include acts or omissions by your school.To apply for borrower defense to repayment, you will need:dates of attendance6. What if I don’t have documentation to support my claim of borrower defense to repayment?
Your application for borrower defense to repayment may be strengthened if you have documentation to support your claim. This may include promotional materials from the school that include data on employment statistics, income after attendance, or other guarantees or promises, for example. Documentation also may include correspondence you had with the school, which included specific promises to you that weren’t fulfilled, or any prior complaints that you made to the school.
9. Are there any organizations that are helping student loan borrowers who have been misled by their college or university?. There are also many non-profit organizations who have helped lead the charge and defend the rights of student loan borrowers, including those who have been misled by their college or university. These champion advocates are shaping the future of student loans and tirelessly working to ensure that student loan borrowers get a fair shake.
The Biden administration will continue to cancel student loans under borrower defense to repayment. This is an addition to other student loan cancellation that the Education Department, led by Secretary Miguel Cardona, has already completed, including . If you’re not eligible for any of this student loan cancellation, make sure you understand your other options for student loan repayment. Student loan relief is ending within months, so make sure you’re prepared.
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