Does Loan Consolidation Affect PSLF Eligibility – The PSLF form is a form that you will need to fill in to get the Public Service Grant Forgiveness program. The PSLF is an opportunity for you to be granted loan forgiveness within 10 years after you have served. In order to be eligible this program, you need to work full-time for a qualified employer and pay 120 on-time payments.
If you’re confused on what qualifies as being an employer that qualifies, here are some of the things that meet the criteria:
-Your government employer
It is a 501(c)(3) non-profit organisation
-A non-profit or public health care provider
-An AmeriCorps or Peace Corps volunteer service
What is the deadline to file for Does Loan Consolidation Affect PSLF Eligibility?
You’re eligible to apply to file for PSLF for those who have a qualifying loan and make 120 qualifying payments on that loan. You may be able to apply for PSLF after making only 10 qualifying loans, however, you must apply for it prior to the 10 years that begin the repayment period.
It’s not necessary to submit a claim for PSLF when you begin your repayment period. You can wait until after you’ve completed 120 payment before you file for it.
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