The process where the government cancels whole or part of a student's amount outstanding, field to compliancy with positive conditions, is called Loan Forgiveness. Educational sponsorship availed by you for the purpose of financing your schooling 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 done within 90 days from the date of enrollment without completing the study program Bad assessment of your quality pertaining to the course Disability suffered by the borrower after the amount 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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