Thursday, March 14, 2013

How do I get my student loans waived for teaching English abroad?


How do I get my student loans waived for teaching English abroad?
I will be teacing English in Spain this fall andI heard that student loan debt can be waived if the recipient has taught English abroad. I don't know if it's true, but if it is, I want to know what to do.
Financial Aid - 2 Answers
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1 :
No, that's not true. All loans received under programs authorized by Title IV, of the Higher Education Act can be canceled for several different circumstances including: (1) in the event of your death; or (2) if you become totally and permanently disabled after the loan is disbursed. In addition, some loan types may qualify for loan discharge under a variety of conditions. Some of the most common cancellation provisions are listed for you below: * the school you attended improperly certified your ability to benefit from the training given. * the school you attended closed while you were in attendance or within 90 days after you withdrew from the school. * A National Defense Student Loan can be canceled in 2 additional circumstances: (1) full-time teaching and (2) military service. * Finally, your obligation to repay your loan may be discharged in bankruptcy.
2 :
Read a tips how to get your student loan: http://student-loan-consolidationrebate.blogspot.com/

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