With the continuing rise of college costs, more and more students are taking out Federal loans to pay for higher education.  These loans can often total in the tens of thousands of dollars.  Following a severe brain injury, many survivors will of course see ability to pay back such loans severely diminished.  These loan payments can be an incredible financial burden at a time when survivors are already stretched perilously thin financially.  However, the United States Department of Education has a loan cancellation/forgiveness program for those survivors unable to work (or not expected to be able to work) for at least a five year period of time.  This type of loan forgiveness is known as Total and Permanent Discharge.  Qualifying individuals are able to get forgiveness of William D. Ford Federal Direct Loan Program (Direct Loan) loans, Federal Family Education Loan Program (FEEL) loans, Federal Perkins Loan  Program (Perkins Loan) loans and TEACH Grant service obligations.  If you are interested in more information, the link below will bring you to the official US Department of Education webpage for Total and Permanent Discharge.  Please be sure to read the information fully as there are important tax implications accompanying participation in this program.

https://www.disabilitydischarge.com/

Learn about brain injury treatment services at the Transitional Learning Center!  Visit us at: http://tlcrehab.org/

Tags:

Similar Articles

Talking About Your Injury

One of the more stressful aspects of the injury experience is deciding how to answer questions about the injury experience. This can be particularly stressful as many survivors find themselves receiving a barrage of questions every time...

The Saddest Story

I would like to tell you the saddest story of my professional career. I was working at a major city hospital and one of my jobs was consultation neuropsychological testing. When a patient was admitted to the general...

What Happened to Your Shoes?

We each have a way that we are used to visualizing ourselves. It is part of our identity. We may comb our hair in a certain way, favor certain styles of clothing or wear certain shades of lipstick....

© 2021 Moody Neurorehabilitation Institute
Back to Top