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The PSLF Program allows you to receive forgiveness of the remaining balance of your Direct Loans after you have made the equivalent of 120 qualifying monthly payments under an accepted repayment plan while working full-time for an eligible employer.
The PSLF Program forgives the remaining balance on your Direct Loans. while working full-time for an eligible employer. Find out more about Public Service Loan Forgiveness (PSLF) and Temporary Expanded Public Service Loan Forgiveness (TEPSLF) at StudentAid.gov/publicservice.
Learn how to qualify and apply for Public Service Loan Forgiveness (PSLF) program, which can help you reduce your federal student debt by working in public service.
1. To qualify for forgiveness, I must have made 120 qualifying payments on my Direct Loans while employed full-time by a qualifying employer. Neither the 120 qualifying payments nor the qualifying employment have to be consecutive. 2. To qualify for forgiveness, I must be employed full-time by a qualifying employer when I apply for forgiveness. 3.
The easiest way to do this is by using the PSLF Help Tool. The PSLF Help Tool allows you to: Check to see if your employer is already in our employer database. Request that your employer’s eligibility be reviewed if it is not already in our database or has not yet had its eligibility determined.
Public Service Loan Forgiveness (PSLF) If you work full time for a government or nonprofit organization, you may qualify for forgiveness of the entire remaining balance of your Direct Loans after you’ve made 120 qualifying payments—i.e., 10 years of payments.
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The Public Service Loan Forgiveness (PSLF) Program is fully managed by the U.S Department of Education on StudentAid.gov. Borrowers seeking PSLF can submit PSLF forms, track the status of their forms, view correspondence, and access payment counts through their StudentAid.gov account.
If you’re employed by a government or not-for-profit organization, you might be eligible for the Public Service Loan Forgiveness (PSLF) Program. The PSLF Program forgives the remaining balance of your eligible Direct Loans: While working full time for an eligible employer.