Application for Borrower Defense to Loan Repayment

Application for Borrower Defense to Loan Repayment is a 9-page legal document that was released by the U.S. Department of Education on June 1, 2020 and used nation-wide.

FAQ

Q: What is Borrower Defense to Loan Repayment?A: Borrower Defense to Loan Repayment is a program that allows borrowers to seek loan forgiveness if they were defrauded by their school.

Q: How do I apply for Borrower Defense to Loan Repayment?A: To apply for Borrower Defense to Loan Repayment, you need to complete the application form and submit it to your loan servicer.

Q: What information do I need to provide in the application?A: You need to provide information about the school you attended, the loan you took out, and the reason why you believe you were defrauded.

Q: Can I get a refund of the loan payments I already made?A: Yes, if your application is approved, you may be eligible for a refund of the loan payments you already made.

Q: What happens after I submit my application?A: After you submit your application, your loan servicer will review it and make a determination on your eligibility for loan forgiveness.

Q: What if my application is denied?A: If your application is denied, you may have the option to appeal the decision or explore other repayment options for your loans.

Q: Are there any alternatives to Borrower Defense to Loan Repayment?A: Yes, alternative options for loan forgiveness or repayment plans may be available, such as income-driven repayment plans or closed school discharge.