Does My Employer Qualify For PSLF – PSLF form PSLF form is one form that you must fill in to be eligible for the Public Service loan forgiveness program. The PSLF is a program that allows you to receive your loans for free after 10 years of service. For you to qualify for the program, you need to perform your job full-time at a qualified employer and pay 120 on-time payments.
If you’re not sure on what qualifies as being an employer that is qualified, here are some things you can consider:
-Your government employer
–A 501(c)(3) non-profit organization
A public or non-profit health care organization
-An AmeriCorps or Peace Corps volunteer service
When do I have to File For Does My Employer Qualify For PSLF?
You’re eligible to apply for PSLF for those who have the qualifying loan and can make 120 qualifying installments on that loan. You might be able to apply for PSLF with only 10 qualifying repayments, but you have to file for it at the beginning of the 10th year of your repayment period.
You don’t have to make an application for PSLF before the commencement of your loan period. You are able to wait until you’ve completed 120 payments before filing for it.
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