Can You Consolidate Federal Loans And Still Do PSLF – It is the PSLF form is an form that you need to fill out to get the Public Service Grant Forgiveness program. The PSLF is a program that allows the forgiveness of your loans following 10 years’ service. To be eligible for this program, you need to complete your full-time job for a reputable employer and make 120 on-time payments.
If you’re unsure which qualifies as a qualifying employer, then here are some of the things that can be considered qualifying:
-Your government employer
A 501(c)(3) non-profit organisation
-A non-profit or public health care organization
-An AmeriCorps or Peace Corps volunteer service
When do I need to File For Can You Consolidate Federal Loans And Still Do PSLF?
You’re eligible for PSLF when you own one of the loans that qualifies and you’ve made 120 qualifying monthly payments on that loan. You may be able to apply for PSLF by making just 10 qualifying payments. However, you have to file for it before the end of your repayment period.
There’s no need to file for PSLF when you begin your repayment period. You can wait until having made 120 transactions before submitting your application.
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