PSLF Eligibility Tool – PSLF form PSLF form is an application form that you will need to complete to qualify for the Public Service Loan Forgiveness Program. The PSLF is an opportunity for you the forgiveness of your loans in the event of 10 years’ continuous service. When you are eligible to join this program, you must work full-time for a qualified employer, and you must make on-time 120 payments.
If you’re not sure of what constitutes an employer with a qualified status, these are the things you can consider:
-Your government employer
The organization is 501(c)(3) non-profit organisation
-An un-profit or public health care institution
-An AmeriCorps or Peace Corps volunteer service
When do I have to file for PSLF Eligibility Tool?
You’re eligible to apply for PSLF if you have the qualifying loan and can make 120 qualifying payments on that loan. It is possible to apply for PSLF after making only 10 qualifying payments, however you must file for it for it within 10 years from the commencement of the repayment period.
You do not need to be a candidate for PSLF immediately at the time of beginning your repayment period. You can wait until having made 120 transactions before submitting your application.
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