Last edited Sat Aug 24, 2019, 09:05 PM - Edit history (1)
Veterans Eligible For Student Loan Discharge
The student loan forgiveness process is part of the Total Permanent Disability (TPD) discharge program. As part of The Higher Education Act of 1965 and subsequent amendments, totally and permanently disabled veterans were eligible for discharge of their federal student loans.
Generally, the following veterans were eligible for discharge:
100 percent regular schedular
100 percent Permanent and Total
100 percent Total Disability Individual Unemployability
These groups of veterans were able to secure forgiveness by submitting copies of the agency’s disability decision letter to a student loan processor. Eligible veterans are able to secure forgiveness of student loans without tax implications of the forgiveness.
The forms for forgiveness may not fully explain which veterans may be qualified for forgiveness, so be sure to call a TPD information hotline to see if you might qualify.
From DAV site newsletter
https://en.wikipedia.org/wiki/Higher_Education_Act_of_1965
https://studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation/disability-discharge
https://www.woodslawyers.com/permanent-and-total-disability-va-benefits/
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