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May 31, 2020
Question

If my state taxes were taking away because I owe student loan dint I get it back during student forgiveness program

  • May 31, 2020
  • 1 reply
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Carl11_2
Employee
May 31, 2020

No. If you qualify for any type of loan forgiveness, then nothing already paid is refunded. Only the outstanding balance is forgiven.

At this time, there are only two things I'm aware of that will get an outstanding balance on a student loan forgiven.

1) You are declared totally and permanently disabled and unable to work in any income producing capacity for the rest of your life.

2) You die.