The process where the government cancels whole or part of a student's estimate outstanding, field to compliancy with sure conditions, is called Loan Forgiveness. Educational sponsorship availed by you for the purpose of financing your education may be cancelled in whole or in part for some reasons. Cancellation of loan requires the following conditions to be satisfied.
Your status was not confirmed by school authorities before the studies commenced reimbursement due was not received. The school is concluded within 90 days from the date of enrollment without completing the study program Bad estimate of your potential pertaining to the course Disability suffered by the borrower after the estimate has been granted Forged signature Borrower's untimely death Becoming bankruptConditions for Loan Forgiveness /Cancellation
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Students performing one or more of these activities are granted cancellation:
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