Total and permanent disability or TPD discharge refers to a student loan forgiveness program for disabled students. It allows them to waive away a portion of their debt.
What is it?
If you are disabled and are no longer able to render any professional service or work to earn money, you can apply for the TPD discharge. By securing certification from your doctor, the TPD discharge provides you relief from several loans. Some of these include the Federal Family Education or FFEL loans along with the Federal Perkins Loans. You can also find relief from the William D. Ford Federal Direct Loans.
Application
You will need to check eligibility requirements to see if you qualify for the program. Some of the requirements include the disability certification from a licensed doctor. The certification must attest to the fact that you are unable to render work in any form, whether due to physical or mental disabilities. The disability must also last for more than 60 consecutive months, if longer.
Assistance
Even with the new changes, U.S. News reports, applying for the TPD discharge program can be a daunting process. Loved ones can help you apply for the program. However, for expert assistance and support, there are organizations that can provide you with much-needed help. It won’t be easy qualifying for the program. The application process is typically complex and without proper help, you could find yourself wasting time, money and effort. By hiring companies that can help you apply for a loan discharge, you can life free of any student loan debts.
Benefits
Don’t go at it alone. Get the help you need. By getting professional help in qualifying for student loan forgiveness for disabled, you’re that much closer to getting accepted into the program. Once that happens, you can live free of any student loan debt, significantly reducing your financial burden and worries in the future.
