Can Student Loan Debt be Forgiven if you Get SSDI?

Can Student Loan Debt be Forgiven if you Get SSDI?

If you have been injured so badly that you are unable to work for an extended period of time or if you developed an illness that is keeping you from work, applying for Social Security Disability Benefits may be the right choice. Although, if you have outstanding student loan debt, you may be wondering how SSDI benefits will affect that debt. Potentially, depending on your situation, you could have your debt forgiven. 

When a person is determined to have a total and permanent disability by the Social Security Administration, student loans could be canceled. For those people that are eligible for a TPD discharge, this will come as a welcome relief. To learn more about your options for obtaining SSDI and if you could secure relief from your student loans, connect with a legal professional. Brad Thomas is a Plano SSDI attorney that can answer your questions and provide helpful guidance.

What Student Loans can be Discharged?

Can Student Loan Debt be Forgiven if you Get SSDIIf you have any of the following, you may be able to have your loans discharged:

  • William D. Ford Federal Direct Loan Program.
  • Federal Family Education Loan.
  • Federal Perkins Loan.
  • Teacher Education Assistance for College and Higher Education Grant,

Simply because you have been approved for SSDI benefits is no indicator that you will be eligible to have your loans forgiven.

It is necessary that your condition is so severe that it prevents you from being able to engage in any substantial gainful activity. Your serious condition must also:

  • Have been present for 60 months.
  • Is anticipated to last for at least 60 months.
  • Will result in death.
  • Is wholly a result of military service.

An individual who the SSA deems will need a review in five years or in seven years is likely to have a condition where medical improvement is not expected. Meaning, the condition is incurable or fixable.  This classification would put that individual in a position to have their loans forgiven. 

To be awarded a discharge of your loans, you will either have to fill out the appropriate application or you may have them discharged automatically. Individuals who are not currently getting SSDI benefits will have to apply and follow the guidelines that go along with that process.  

For those that do get SSDI benefits, there is nothing that must be done. The Education Department will see if a person who is receiving benefits also has an outstanding loan. If it is found that a loan exists, it will be eliminated.

Speak with a Dallas SSDI Attorney Today

The intricacies that exist within the Social Security Disability Insurance system can be very confusing. You do not have to navigate the system alone and without support. If you are applying for SSDI benefits in the Plano area, call Brad Thomas. Brad Thomas Law Office is a Plano SSDI law firm where you can schedule a free consultation to have your case reviewed at (972) 863-2367. The team at Brad Thomas Law Office is looking forward to helping you be successful with your SSDI claim.