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Student loan forgiveness?

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charlie34

Junior Member
What is the name of your state? California


Has anyone heard anything about Federal Student Loans being forgiven to students who served during combat operations or received a combat injury during Operation Noble Eagle, Operation Iraqi Freedom or any of the other on-going Operations?
 


http://www.finaid.org/military/heroes.phtml HEROES Act of 2003

HEROES Act of 2003
http://www.finaid.org/military/heroes.phtml
Is worth a look

And
For Federal Perkins or National Direct Student Loan (NDSL) borrowers who are serving full time active duty in the U.S armed forces, (Army, Navy, Air Force, Marine Corps or Coast Guard), National Guard or Reserves are entitled to cancellation of up to 50% in an area of hostilities or an area of
imminent danger that qualifies for special pay under Section 310 Title 37 of the U.S. Code. The cancellation rate for every complete year of qualifying service is 12.5% of the original principal loan amount plus any interest that accrued during the year.
?? For National Defense Student Loan borrowers who are in service full time active duty in the U.S armed forces, (Army, Navy, Air Force, Marine Corps or Coast Guard), National Guard or Reserves are entitled to cancellation of up to 50%- the area does not have to be of hostilities or imminent danger. The cancellation rate for every complete year (no pro-ration if partial year) of qualifying service is 12.5% of the original
principal loan amount plus any interest that accrued during the year.
And
Students who are in the Army National Guard may be eligible for their Student Loan Repayment Program, which offers up to $10,000.
 

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