Are Navient Loans Eligible For PSLF – This PSLF form is the form that you need to complete you can be eligible for the public service Grant Forgiveness program. The PSLF is an option that permits you the forgiveness of your loans in the event of 10 years’ continuous service. To be eligible for the program, you need to work full-time for a qualified employer and be able to make 120 timely payments.
If you’re confused regarding what qualifies as an employer with a qualified status, these are the items that can be considered qualifying:
-Your government employer
-A 501(c)(3) non-profit organization
A non-profit or public health care institution
-An AmeriCorps or Peace Corps volunteer service
When do I need to File For Are Navient Loans Eligible For PSLF?
You are eligible to file for PSLF If you hold one of the loans that qualifies and you’ve made 120 qualifying monthly payments on that loan. It’s possible to apply for PSLF when you’ve made 10 qualifying payments, but you must file in the initial 10 years following your repayment period.
There is no requirement to file for PSLF at the beginning of your repayment period. You will have to wait until the completion of 120 payment before you file for it.
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