Wednesday, December 25, 2013

TPD discharge process for students loans detailed

http://www.graduatejunction.org/tpd-discharge-process-for-students-loans-detailed/
TPD discharge process for students loans detailed
I'm in the process myself and they are definitely nit picky about dotting the I's and crossing the T's on the applications.

So before you submit your applications make sure everything is spelled out and not abbreviated and that you have a separate discharge application filled out for each of your loans as you are going to need the original for every lender.
Hope this helps:.

Total and permanent disability (TPD) Discharge:.
Student loans may be discharged if you have a TPD.

The Department of Education (Department) considers you to have a TPD if you are unable to engage in any substantial gainful activity due to a physical or mental impairment that:.
1) can be expected to result in death;.
2) has lasted for a continuous period of not less than 60 months; or.
3) can be expected to last for a continuous period of not less than 60 months.

The following will help you navigate the discharge process:.

The TPD discharge process is complex and will take a significant amount of time; the time varies depending on the dates of disability and TPD discharge application [...]

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