Last Updated on January 3, 2024

If you’re a college graduate, you likely have thousands of dollars in student debt. Paying a high amount can be difficult at times due to financial restrictions. That is why loan forgiveness may seem like a dream come true.

The AES student loan forgiveness has helped many graduates enjoy a loan discharge. If you want to know more about this program, you’re in the right place. Here is all the information you require about AES student loan forgiveness.

Do AES Loans Qualify For Loan Forgiveness?

The good news about AES loans is that they qualify for loan forgiveness if you meet specific requirements. Remember that you cannot achieve a discharge if you have a private loan. However, you can be eligible for loan forgiveness if you’re a federal student.

Of course, you will still have to meet other requirements. The loan can be forgiven on a different basis. For instance, mental impairment or death are two prevalent reasons behind AES student loan forgiveness. The program allows you to get your loan discharged partially or completely.

How Do I Know If My Student Loan Qualifies For Forgiveness?

The AES federal student loans are forgiven in five specific cases only. Here’s what you need to know about them:


The top reason that you will get your student loan forgiven is if you die. Your remaining loan and monthly payments will be discharged in this case. The debt is also forgiven if you’re a parent with a federal student loan and die.

Loan Discharge

Another common cause of AES student loan forgiveness is a loan discharge. This is done primarily in four conditions. You will be eligible for a complete discharge if your school has closed or given you a false certification.

You can also get a loan discharge if the institute used your sign without getting your permission. The fourth reason is that the school failed to refund your tuition due to different reasons.

In a loan discharge, you don’t have to pay your monthly payments. The authority will also refund the payments you made previously.

Total Disability

AES also offers student loan forgiveness to those who have been suffering from a disability for more than five years. You may not be able to get a job because of mental impairment. War veterans also fall in this category if they suffer from a disability caused by the service.

Due to total and permanent disability, the governing authority will remove your obligation to pay the remaining loan amount. Remember that you will not get a refund for the payments you have already made.

Public Service Loan Forgiveness (PSLF)

PSLF is another type of loan forgiveness that the AES offers to students employed by a government or not-for-profit organization. Military service is also included in this loan forgiveness category because it is an act of public service.

Remember that you must work full-time or 30 hours a week if you’re working part-time. The authority will forgive your loan in this category after you complete 120 payments. The remaining amount will be forgiven under the PSLF program.

Besides that, only Direct Loans are eligible for forgiveness under this category. You can also consolidate your commercially held loan into a direct loan to apply for PSLF.

Teacher Loan Forgiveness

The final program that will get your loan discharged is the Teacher Loan Forgiveness category. You can get up to $17,500 forgiven by teaching full-time for five years. Of course, you can also get the entire loan discharged if you meet specific requirements.

To qualify for this category, you must teach in a secondary school or elementary school with a low income. If you teach math or science, you can get $17,500 forgiven. Meanwhile, the amount will reduce to $5,000 if you teach other subjects.

Remember, you will have to reapply for this loan annually due to the 1-year increments. Your teaching institute must also come under the Title I category for eligibility.

What Are Alternatives To Loan Forgiveness For Private Students?

Private students are ineligible for AES student loan forgiveness, but some alternatives are still present. You can request a deferment due to a health emergency or financial hardship. Such an action will allow you to postpone your payments so that you don’t suffer anymore.

Another way to ease your student loan is through a state assistance program. Some states can give you a part of the total payment to recruit skilled professionals. The best part is that federal loans are also eligible for such assistance.