Student loan forgiveness/discharge due to disability?

I have been disabled for a while and have just been approved for discharge of my student loans. The guarantor paid off my loans - I haven't gotten all of the paperwork (but Sallie Mae just verified over the phone that they no longer hold the loan, it's been paid in full) from the guarantor yet. I noticed that my preliminary letter said something about a requirement of "not having annual earnings from work in excess of the poverty level for a family of two."

Question: Does this annual earnings requirement apply only to me, or to my entire household's (i.e. husband's) income? If it applies to the entire household income, that seems pretty excessive. If it applies to me, then it seems like a silly requirement. If I could work in any capacity then I wouldn't have requested a loan discharge!

Any insight would be appreciated.

4 Answers

  • Jdub
    Lv 4
    1 decade ago
    Favorite Answer

    I believe that it is only looking at your income or ability to earn income since you are the borrower and only you would be expected to make student loan payments. But check with the lender/guarantor for clarification.

    Reminder: once your student loans are discharged due to disability, you will not be eligible for additional student loans for advanced degrees.

  • 4 years ago


    Source(s): Easy Private Student Loans :
  • 1 decade ago

    This only applies to you. I've had my loans discharged because of disability. One of the things that they don't tell you is that if your condition improves and you return to work, your loan remains discharged. Also after 3 years and you decide to return to school, you qualify all over again for more loans. However you can't have them discharged for the same disability but you can with a new disability. Pretty good huh???

  • 1 decade ago

    unfortunately, stimaga is wrong. If you are able to return to work, you would not be able to take out another loan, unless you want your discharged loans to be returned.

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