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If you’d like to repay your federal student loans under an income-driven plan, you need to fill out an application. Apply today at StudentAid.gov/idr Due to the payment count adjustment, past periods of repayment, deferment, and forbearance might now count toward your IDR forgiveness.
I request (1) that the U.S. Department of Education (the Department) consider this form an application for loan forgiveness to determine whether I qualify for PSLF or TEPSLF, and discharge any qualifying loans that I have, and (2) if none of my loans qualify for PSLF or TEPSLF forgiveness when I submit this form, determine how many qualifying pa...
You may qualify for forgiveness of the remaining balance due on your eligible federal student loans based on your employment in a public service job.
Student loan forgiveness applications are officially open after the U.S. Department of Education ran a weekend-long beta test to ensure a smooth process before launch.
Borrowers can now apply for income-driven repayment (IDR) plans electronically rather than needing to upload an application to our website. Please visit StudentAid.gov/IDR to submit your application.
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.
Yes! Why? – Under the temporary changes, Vishal can consolidate his Perkins Loans into a Direct Loan and count the 6 years’ worth of monthly payments towards forgiveness. But Vishal must apply to...
Fixing the broken Public Service Loan Forgiveness (PSLF) program by proposing a rule that borrowers who have worked at a nonprofit, in the military, or in federal, state, tribal, or local...
The Biden-Harris Administration announced today the approval of $4.9 billion in additional student loan debt relief for 73,600 borrowers. These discharges are the result of fixes made by the Administration to income-driven repayment (IDR) forgiveness and Public Service Loan Forgiveness (PSLF). Today’s announcement brings the total loan forgiveness approved by the Biden-Harris Administration ...
To mark Public Service Recognition Week, the U.S. Department of Education (Department) today announced that, as of the beginning of May 2023, it has approved a total of $42 billion in Public Service Loan Forgiveness (PSLF) for more than 615,000 borrowers since October 2021.