Loan waiver
A loan waiver is the waiving of the real or potential liability of the person or party who has taken out a loan through the voluntary action of the person or party who has made the loan. Examples of loan waivers include the Stafford Loan Forgiveness program in the United States and the Agricultural Debt Waiver and Debt Relief Scheme in India == Stafford Loan Forgiveness == In certain situations, the United States Federal Government can waive all or a part of an education loan through the Stafford Loan Forgiveness program.