Where To Send Public Service Loan Forgiveness Form

Where To Send Public Service Loan Forgiveness Form – Form PSLF PSLF form is the form that you need to complete in order to qualify for the Public Service Credit Forgiveness Plan. The PSLF is an initiative that allows you to forgive your debts when you reach 10 years in service. Before you can be considered eligible the program, you need to work full-time for an eligible employer and pay 120 on-time payments.

If you’re confused on what qualifies as being an eligible employer, these are the items that qualify:

-Your government employer

“A” stands for 501(c)(3) non-profit organization

A public health or non-profit health care institution

-An AmeriCorps or Peace Corps volunteer service

When do I need to file for Where To Send Public Service Loan Forgiveness Form?

You are eligible to apply for PSLF If you hold a qualifying loan and are able to make 120 qualifying repayments on that loan. It is possible to file for PSLF by making just 10 qualifying payments. However, you must apply for it at the beginning of the 10th year of the repayment period.

There is no requirement to make an application for PSLF in the first month of the repayment period. You will have to wait until the completion of 120 payment before you file for it.

Download Where To Send Public Service Loan Forgiveness Form