Immigrant Amnesty School Loans
Amnesty can be granted in the case of non-resident students, who delayed the repayment of the student loan because they were staying overseas. Such students can apply online using student loan amnesty applications. The student must specify his current postal address. If the application is accepted and you are considered for amnesty by the student loan amnesty team, then they will send the details of the changed repayment options to your current postal address. The borrower will need to strictly satisfy the amnesty repayment obligations. The amnesty repayments installments will be decided based on the outstanding loan amount. More Info...
In spite of granting an amnesty if the non-resident student borrower fails to meet the amnesty repayment obligations, then in that case, a penalty will be added to his outstanding loan amount. The penalty sum would depend on the number of amnesty repayments made.
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