Learn How to Qualify to Have Your Federal Loans Balance Forgiven Interested in shedding some federal student loan debt? If you plan things just right, there’s a strategy that may work for you. It’s called the Public Service Loan Forgiveness program. Here are the requirements: - You must work full-time for a public service employer—a government agency or a non-profit organization. (Not all non-profits qualify.)
- You must have a qualifying loan and a qualifying repayment plan. (You can restructure both so they meet the requirements.)
- You must make 120 qualifying payments, all while meeting the points above.
Read this Department of Education blog post for a step-by-step explanation of how to qualify for each requirement. This email was sent to rssproject471@gmail.com from: USA.gov • General Services Administration • OCSIT • 1800 F Street, NW • Washington DC 20405 • (800) 333-4636. | | |
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