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Under a few circumstances listed below, your loan repayment can be discharged, which means you are released from all obligation to repay your loans:
You
become totally and permanently disabled. A physician must certify total and
permanent disability. Also, the impairment can't have existed before you
applied for your Direct Loans, unless a doctor certifies that the impairment
has substantially deteriorated since the loans were made.
You die.
Your loans will be discharged, and any Direct PLUS Loans your parents borrowed
for you will be discharged.
You
cannot complete a course of study because your school closed or because the
school falsely certified your eligibility. If your parent borrowed a Direct
PLUS Loan for you, that loan will be discharged also.
You file
for bankruptcy and your loan is discharged. (This discharge occurs only in rare
cases). Contact your Servicing Center to apply for a discharge. If you die,
your representative should contact the Servicing Center so that your loan can
be discharged.
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Consolidation