In the wake of a school's closure, the pathways to manage student loans can seem labyrinthine, yet the Sallie Mae Contact Form for Request For Loan Forgiveness Due To School Closing offers a structured approach to navigate this challenging scenario. This document meticulously outlines the process for borrowers to seek loan forgiveness, structured into four detailed sections; borrower information, student information, loan information, and borrower certifications. Initially, it gathers basic yet essential facts about the borrower and the student, including names, social security numbers, addresses, and the educational institution in question. Critical to the process, it then transitions into a detailed inventory of the loans in question, prompting borrowers to identify those directly linked to the discontinued course of study. The culmination of this form is in its rigorous certifications section, demanding thorough and honest declarations by the borrower regarding the student’s enrollment status at the time of closure, the pursuit of completion through alternate routes post-closure, and the acknowledgment of any financial recoveries received related to the school’s closure. This article aims to dissect the complexities embedded within each part of the Sallie Mae Contact Form, illuminating its significance for borrowers ensnared by the unfortunate discontinuation of educational programs, and providing a beacon of hope for those seeking financial relief.
| Question | Answer |
|---|---|
| Form Name | Sallie Mae Contact Form |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | III, SallieMae, checkmark, teachout |
Request For Loan Forgiveness Due To School Closing
Please complete each section below with the requested information.
SECTION I - BORROWER INFORMATION
Full Name |
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Social Security Number |
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Street Address |
Home Telephone Number |
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SECTION II - STUDENT INFORMATION
Full Name |
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Social Security Number |
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School Attended by Student (Verify this information. |
If applicable, make adjustments to the school branch and/or address.) |
Date Closed |
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School Address |
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Course of study in which student was enrolled |
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SECTION III - LOAN INFORMATION |
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Below is a listing of the loans you obtained for the student's attendance at the school identified above. Please place a checkmark (ü) beside each of these loans which were obtained for the course of study listed above. The loans selected in this section will be considered for loan forgiveness under this program.
Select
Loan ID
Disbursement Date
Amount Disbursed
Loan Type (Program)
Original Lender
SECTION IV - BORROWER CERTIFICATIONS
Please read the following statements carefully. If each of these statements is correct, sign and date this form and return it to the address indicated on the enclosed correspondence within 60 days.You will be notified of the Guarantor's decision regarding your eligibility for loan forgiveness. If any of these statements are not correct, you are not eligible for consideration under this program.
By my signature below, I certify, under penalty of perjury, that each of the following statements is true and correct to the best of my knowledge and belief. I certify that the student was enrolled at the school indicated above and was in attendance at the time this institution closed, or withdrew not more than 90 days prior to the date the school closed. As of that date, the student had not graduated or otherwise completed the course of study. The student was unable to complete the course of study identified above due to the closure of the school.
Upon the closing of this school, the student did not complete (and is currently not in the process of completing) the program of study through a teach- out at another school or by transferring academic credits or hours earned at the closed school to another school.
I did did not make a claim with respect to the school's closing with any third party, such as the holder of a performance bond or a tuition recovery program and, if so, I received $__________________ personally, or through its application as a credit against my loan obligation. If received personally, I agree to apply those funds against this debt.
Upon approval of forgiveness of any loans, I agree to provide testimony regarding any representation made to support my request for discharge. I also agree to produce any documentation with respect to my representations and any sworn statements required to support those representations. By not doing so, I agree to the denial of this forgiveness request.
By signing this form, I attest to the accuracy of the above statements, and confirm that I did receive the loans marked in Section III, on or after
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