Borrowers who received loans on or after those dates are not affected. The provisions of the law became effective October 7, 1998. The law is not retroactive and covers only eligible deferment and cancellation service you may have since October 7, 1998.
Additional requirements apply.
In some cases In some cases In some cases In some cases 1. 8 Must be employed in public or nonprofit child or family services agency. Low-income communities are defined as those communities in which there is high concentration of children eligible to be counted under Chapter 1 of Title 1 of the Elementary and Secondary Act of 1965. 11 Military service must be in an area that qualifies for hazardous duty pay. 13 Loan is canceled only if discharged by a bankruptcy court.