PSLF University – This PSLF form is one form you must fill in to be eligible for the Public Service Grant Forgiveness program. The PSLF is an opportunity for you to have your loans forgiven within 10 years after you have served. To be eligible for this program, you need to work full-time for an eligible employer and be able to make 120 timely payments.
If you’re confused of what constitutes an eligible employer, here are some suggestions that qualify:
-Your government employer
The organization is 501(c)(3) non-profit organisation
-An un-profit or public health care provider
-An AmeriCorps or Peace Corps volunteer service
When do I have to file for PSLF University?
You’re eligible to apply for PSLF in the event that you have one of the loans that qualifies and you’ve made 120 qualifying repayments on that loan. You might be able to apply for PSLF after having made just 10 qualifying payments, however the application must be filed prior to the 10 years that begin the repayment period.
It’s not necessary to be a candidate for PSLF before the commencement of your loan period. You may wait until you’ve made 120 installments before filing for it.
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