Student Loan Forgiveness/Repayment Programs
Provider: UNITED STATES DEPARTMENT OF EDUCATION - FEDERAL STUDENT AID INFORMATION CENTER
On Oct. 6, 2021, the U.S. Department of Education (ED) announced a change to PSLF program rules for a limited time as a result of the COVID-19 national emergency. Throughout the pandemic, ED has provided a variety of benefits to borrowers.
Now, for a limited period of time, borrowers may receive credit for past payments made on loans that would otherwise not qualify for PSLF. The deadline to submit a PSLF form with the PSLF Help Tool is Oct. 31, 2022.
Program Requirements include:
- Employed by government, 501(c)(3) not-for-profit, or other not-for-profit organization that provides a qualifying service
- Work full-time
- Have Direct Loans or consolidate into Direct Consolidation Loans
How to Find Out If You Qualify for Additional Payments:
The action you take will depend on the types of loans that you have outstanding. Find out what type of loans you have and additional requirements at:
PSLF Summary
FAQS
See link below for a question and answer section to help understand this limited PSLF opportunity:
PSLF Waiver Q&A's
Website
studentaid.gov
Service/Intake (CA Student Aid Commission) |
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