Student Loan Forgiveness Application Pdf

1

1

Student Loan Forgiveness Update: 39 Million Borrowers Approved

Public Service Loan Forgiveness (PSLF) Temporary Expansion Ends

The Public Service Loan Forgiveness (PSLF) program allows certain public service workers to have their student loans forgiven after 10 years of qualifying payments. The program has recently been expanded to include more borrowers, but that expansion is set to expire on October 31, 2022. As of today, the Department of Education has approved loan relief for nearly 39 million borrowers who were counting on the temporary expansion.

How to Apply for PSLF

To apply for PSLF, you must first meet the following eligibility requirements:

• You must have worked full-time for at least 10 years in a qualifying public service job.
• You must have made 120 qualifying monthly payments on your student loans while working in a qualifying public service job.
• You must have certified your employment annually with the Department of Education.

If you meet the eligibility requirements, you can apply for PSLF online at the Federal Student Aid website. The application is short and easy to complete. You can also access a PDF of the form at Public Service Loan Forgiveness PSLF Temporary.

Other Student Loan Forgiveness Options

In addition to PSLF, there are several other student loan forgiveness options available. These include:

• Teacher Loan Forgiveness
• Nurse Loan Forgiveness
• Income-Driven Repayment (IDR) Loan Forgiveness

To learn more about these programs, visit the Federal Student Aid website at studentaid.gov.