PSLF Statistics – It is the PSLF form is an application form which you need to complete in order to qualify for the Public Service loan forgiveness program. The PSLF is an opportunity for you to receive your loans for free after 10 years of service. Before you can be considered eligible this program, you must perform your job full-time at a qualified employer and pay 120 on-time payments.
If you’re still not certain about what qualifies as an employer that qualifies, below are some items that meet the criteria:
-Your government employer
A 501(c)(3) non-profit organisation
-A non-profit or public health care provider
-An AmeriCorps or Peace Corps volunteer service
When do I need to File For PSLF Statistics?
You are eligible to apply for PSLF if you have one of the loans that qualifies and you’ve made 120 qualifying payments to that loan. You may be able to file for PSLF by making just 10 qualifying repayments, but you must apply for it within 10 years from the commencement of your repayment period.
It is not necessary to declare PSLF at the beginning of your repayment period. You are able to wait until you’ve completed 120 payments before filing for it.
Download PSLF Statistics
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