The federal Public Service Loan Forgiveness Program (PSLF) forgives the remaining balance on Direct Loans after completing 120 qualifying monthly payments while working full-time for a qualifying employer. Qualifying employers include public higher education institutions.
A waiver to the PSLF Program that can benefit student loan holders who might not otherwise qualify expires October 31, 2022. To learn more and see if you qualify, visit the Trellis Company website, a nonprofit corporation. Those eligible under the waiver must submit applications to the U.S. Department of Education by October 31, 2022.
Categories: Personal Finance