The waiver includes more loan and repayment plan types that were previously excluded from the PSLF program.
Borrowers with loans in forbearance can also apply.
And, you don’t have to fully complete the process to make the deadline.
Instead, you must complete the software through thePSLF Help Tool portalby the end of the month.
ET) on Oct. 31.
What is the PSLF program?
The program works by offering loan forgiveness to eligible public servants who have made 120 qualifying student loan payments.
Do I qualify for loan forgiveness under the PSLF expanded waiver?
The easiest way to figure out if you qualify is toapply for the limited waiver.
What permanent changes are being made to the PSLF program?
The permanent changes will take effect July 1, 2023.
Their accounts will be automatically adjusted.
You will then receive credit for your previous repayment period.
How do I apply for the temporary PSLF forgiveness waiver?
ET on Oct. 31, 2022, but the sooner you apply, the better.
you’ve got the option to find theapplication for consolidation here.
Am I eligible for Biden’s loan forgiveness and PSLF forgiveness?
If you received a Pell Grant, you’re eligible for up to $20,000 in loan forgiveness.
This includes anyone eligible for Public Service Loan Forgiveness.
How does the student loan payment pause affect my PSLF eligibility?
Under the PSLF, each of those paused payments counts as a qualifying loan payment during this time.
