Why Is My PSLF Taking So Long – It is the PSLF form is an form that you must complete to qualify for the Public Service the Loan Repayment Program. The PSLF is an option that permits you the forgiveness of your loans when you reach 10 years in service. In order to be eligible this program, you need to be employed full-time with a qualifying employer and pay 120 on-time payments.
If you’re not sure about what qualifies as an employer that qualifies, these are the things that qualify:
-Your government employer
A 501(c)(3) non-profit organisation
A public health or non-profit health organization
-An AmeriCorps or Peace Corps volunteer service
When do I need to file for Why Is My PSLF Taking So Long?
You are eligible for PSLF If you hold a loan that is eligible and you have made 120 qualifying payment on the loan. You may be eligible to file for PSLF after having made just 10 qualifying payments, but you must apply for it in the initial 10 years following the repayment period.
You don’t have to apply for PSLF immediately at the time of beginning your repayment period. You can wait until after you’ve completed 120 payments prior to filing for it.
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