You can opt for an unpaid refund discharge if your case is eligible for it.
Did you withdraw from school after receiving your federal student loan?
No, but I'm thinking about it.
If you do then do you think your school could fail to return the loan funds to your loan servicer?
I think it could happen, yes.
In that case, you can be eligible for a discharge of your loan, but only the portion that the school fails to return.
If your school closes while you are enrolled or shortly after you withdraw, you may be eligible for your federal student loan forgiveness, What would I need from this school if I plan to complete my education elsewhere?
You will need to obtain your academic and financial records if you plan to attend another school.
Do you know about loan transfers . What if my federal student loan was transferred from one servicer to a different one?
The transfer just means that a new servicer will provide the support you need to repay your loans; but is still owned by ED.
I want to know if you withdrew from school and the school did not make a required return of loan funds to the loan servicer would you might be eligible for a discharge of your federal student loans? And is it possible for parents with a Direct PLUS Loan to get their loan discharged as well?
The same applies to parents with a Direct PLUS loan. If their child withdraws from school and the school fails to return the parent PLUS loan funds then the portion that it's failed to be returned would be withdrawn from the loan.
Are you a parent of a student in that situation?
Well, not me but my parents, yes.