Do I Need To Consolidate My Loans For PSLF – PSLF form PSLF form is an application form that you must fill out in order to get the Public Service the Loan Repayment Program. The PSLF is the program that allows you to be granted loan forgiveness at the end of 10 years’ work. In order to be eligible this program, you need to work full-time for a qualified employer and pay 120 on-time payments.
If you’re still not certain regarding what qualifies as an employer that is qualified, here are some things that are eligible:
-Your government employer
It is a 501(c)(3) non-profit organisation
A public health care provider
-An AmeriCorps or Peace Corps volunteer service
When do I need to File For Do I Need To Consolidate My Loans For PSLF?
You’re eligible to apply for PSLF only if you hold one of the loans that qualifies and you’ve made 120 qualifying payments on that loan. You may be eligible to file for PSLF after you have made only 10 qualifying payments, however you must file for it during the first 10 years after the start of the repayment period.
You do not need to declare PSLF at the beginning of your repayment period. You can wait until you’ve made 120 payments before filing.
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