Student Loan Information
Cancellation or Deferment of Federal Loans
Former students may have all or part of their student loans (including interest) canceled or deferred for a variety of reasons. To determine whether your loan qualifies, contact the agency that is currently servicing your loan. The college financial aid office where the loan was originated can also provide assistance. Additional information can be obtained at the Department of Education's website's for Direct Loans, the Student Financial Aid Homepage, and Guide to Defaulted Student Loans.The State Council of Higher Education for Virginia does not supply cancellation/ forgiveness/deferment forms or approve them once completed.
Teaching Service Cancellation/Deferment Options for Federal Student Loans.
Federal Teacher Shortage Areas for the Paul Douglas Teacher Scholarship Loan Program.
Federally Identified Schools in Low Income Areas.
Find out who is servicing your student loan with LoanLocator, a free service of the National Student Clearinghouse. Their address is www.loanlocator.org.
For additional information, email us at fainfo@schev.edu.