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This obviously wouldnt work for someone who had payments due.
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But loan forgiveness granted after 20 or 25 years in an income-driven repayment program is currently considered taxable income, so be sure to factor that into your calculations (loan forgiveness granted after 10 years of payments under the Public Service Loan Forgiveness program is not taxed).
As noted in part IV (Legal Authority), the D.
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OptionsLearners over 19 will have three options to cover course fees:Pay Yourself – either in full at the beginning of your course, or via an instalment plan arranged with the CollegeHave a sponsor / employer pay the course fees for youApply for an Advanced Learning Loan Please note: The Student Loan Company will only allow 1 loan per course level.
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So, I dont feel like its giving us all the answers.
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