The information below describes the Public Service Loan Forgiveness (PSLF) Program. It includes the eligibility requirements and the process for tracking your progress toward qualifying for PSLF. This information can also be found in the PSLF Fact Sheet and the Dear Borrower Letter, which can be downloaded and printed.
- What is the Public Service Loan Forgiveness Program?
- What must I do to have any remaining balances on my Direct Loans forgiven under the PSLF Program?
- What loans are eligible for forgiveness?
- What are on-time, full, scheduled, monthly payments?
- What is a qualifying repayment plan?
- What kinds of employment qualify?
- What is full-time employment?
- What does it mean that my 120 Direct Loan payments must be made while I am working full-time at certain public service organizations?
- How can I keep track of my eligibility?
- What should I do after I become eligible for PSLF?
On January 31, 2012, the U.S. Department of Education (ED) released an Employment Certification Package to help borrowers track their progress toward qualifying for PSLF. The PSLF Employment Certification Package includes:
- Dear Borrower Letter (updated March 2014)
- Instructions for Completing Employment Certification for Public Service Loan Forgiveness
- Employment Certification for Public Service Loan Forgiveness Form (available only in English)
PSLF Resources
- Fact Sheet (updated December 2013)
- Q&As (updated December 2013)
Source: Federal Student Aid, An Office of the US Department of Education
BOOOOOOOOOOOOOOOOST
For anyone who needs it
Amazing news: Due to me working in a library full-time, I qualified for the federal Public Service Loan Forgiveness Program for student debt forgiveness. Which means most of my student loans (my Sallie Mae ones) are 100% forgiven. If you have a public service job, and you qualify, it could forgive your loans too. Below is more info on the program.
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