Loan Discharge (Forgiveness) Options

Any balance remaining on a NJ Pay It Forward Loan that is in good standing at the end of the repayment term (5 years after the termination of the grace period following program completion or withdrawal from the program) shall be forgiven.

Are loans forgiven in case of death or disability?

There are several factors that affect your debt obligations should this unfortunate event occur. To see if you are eligible for a discharge, please contact our customer service team at 888-212-5908.

Please note - that your NJ Pay It Forward loan is a private loan that is not eligible for Federal Loan Discharge/Forgiveness programs offered through the U.S. Department of Education.