Request Form for Reimbursement Due to Partial Discharge of a Federal Consolidation Loan (Loan Holder / Servicer)

The Request Form for Reimbursement Due to Partial Discharge of a Federal Consolidation Loan is used to claim reimbursement for a portion of a loan that has been discharged. It is typically submitted to the loan holder or servicer to request the reimbursement.

The borrower of the Federal Consolidation Loan files the request form for reimbursement due to partial discharge.

FAQ

Q: What is the Request Form for Reimbursement Due to Partial Discharge of a Federal Consolidation Loan?A: The Request Form for Reimbursement Due to Partial Discharge of a Federal Consolidation Loan is a document used by the loan holder/servicer to request reimbursement for a portion of a federal consolidation loan that has been discharged.

Q: Who uses the Request Form for Reimbursement Due to Partial Discharge of a Federal Consolidation Loan?A: The Request Form is used by the loan holder/servicer who is seeking reimbursement for a partial discharge of a federal consolidation loan.

Q: What is a federal consolidation loan?A: A federal consolidation loan is a type of loan that combines multiple federal student loans into one loan for easier repayment.

Q: What is partial discharge of a federal consolidation loan?A: Partial discharge of a federal consolidation loan occurs when a portion of the loan is discharged, meaning the borrower is no longer required to repay that specific amount.

Q: Why would a loan holder/servicer request reimbursement for a partial discharge?A: A loan holder/servicer would request reimbursement for a partial discharge of a federal consolidation loan in order to recover the funds that were discharged and receive proper compensation for the loan.