PSLF Eligible Employment – Form PSLF PSLF form is an application form which you need to complete in order to apply for the Public Service Grant Forgiveness program. The PSLF is a program that allows the forgiveness of your loans when you reach 10 years in service. In order to be eligible the program, you must be employed full-time with a qualifying employer and make 120 on-time payments.
If you’re confused whether you are an employer with a qualified status, here are some suggestions which are considered to be qualifying:
-Your government employer
-A 501(c)(3) non-profit organisation
A public health organization
-An AmeriCorps or Peace Corps volunteer service
When do I need to File For PSLF Eligible Employment?
You’re eligible to apply to file for PSLF for those who have a loan that is eligible and you have made 120 qualifying repayments on that loan. You may be able to apply for PSLF after only making 10 qualifying payments. However, you must apply for it within 10 years from the commencement of your repayment period.
You don’t have to apply for PSLF when you begin your repayment period. You have the option of waiting until you’ve paid 120 installments before filing for it.
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