Glossary of Terms
Your enrollment status indicates whether you are enrolled in school full-time or part-time. Generally, you must be enrolled at least half-time to qualify ...
Mon, 15 Feb, 2016 at 12:57 PM
If a school falsely certifies a borrower's eligibility for federal student loan(s) or the borrower does not authorize payment discharge for the loan(...
Tue, 23 Feb, 2016 at 12:26 PM
If a school falsely certifies a student's ability to benefit (ATB) from the education received in exchange for federal student loan funds, those funds a...
Tue, 23 Feb, 2016 at 12:28 PM
If a school closes while a borrower is enrolled (including on approved leaves of absence) or within 120 days of his or her dropping out, that borrower ma...
Tue, 23 Feb, 2016 at 11:41 AM
A teach-out plan is a written plan developed by an institution that provides for the equitable treatment of students if an institut...
Tue, 23 Feb, 2016 at 11:13 AM
In the unfortunate case that a borrower dies and still has a remaining federal student loan balance, the loan(s) can completely discharged.
Pare...
Tue, 23 Feb, 2016 at 12:15 PM
If a borrower withdraws from school before 60% of the term is complete but the school does not appropriately pay any refund owed to the U.S. Department of E...
Tue, 23 Feb, 2016 at 12:14 PM
If a borrower is totally and permanently disabled, he or she may qualify for a total and permanent disability (TPD) discharge.
There are three ways to...
Tue, 23 Feb, 2016 at 11:50 AM
If a borrower is the spouse or parent of a deceased or totally and permanently disabled 9/11 victim, he or she may be eligible to have student loans incurre...
Tue, 23 Feb, 2016 at 1:06 PM