2808.01.06.04  PERMANENT AND TOTAL DISABILITY

References:  34 C.F.R. 674.57; NACUBO/SLCP, p. 52; NASFAA Encyclopedia 
5.10.8.

Defense and Direct---The institution must cancel the unpaid balance of the 
loan if the borrower submits medical evidence that he or she is unable to 
work or earn money because of an impairment that is expected to continue 
indefinitely or result in death.