Is the cosigner responsible for pheaa students loans if death or disability of the student occurs?
Ultimately you’d have to look at the actual loan document. But since the cosigner is guaranteeing to repay the loan if the student did not I would have to imagine that if money was lent, the cosigner would have to repay it.
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2 thoughts on “Would a Cosigned PHEAA Student Loan Be Forgiven By Disability? – Ron”
Can I be forgiven for student loans that i co-signed for my daughter how is not paying on these loans. I am permanently disabled and recieved a kidney transplant. I have also high blood pressure and five heart stents in my heart.
If you are permanently disabled you may be able to eliminate your shared liability for the loans but not the underlying loans themselves. See the TPD Process documentation.