Fedloan PSLF Forms – A PSLF form is the form that you need to complete in order to apply for the Public Service Credit Forgiveness Plan. The PSLF is program that allows you to have your loan forgiven when you reach 10 years in service. In order to be eligible this program, you need to complete your full-time job for a reputable employer and make 120 on-time payments.
If you’re confused on what qualifies as being a qualifying employer, then here are some things that meet the criteria:
-Your government employer
It is a 501(c)(3) non-profit organisation
A public or non-profit health-care organization
-An AmeriCorps or Peace Corps volunteer service
When do I have to file for Fedloan PSLF Forms?
You are eligible to file 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 after having made just 10 qualifying payments, however you must apply during the first 10 years after the start of the repayment period.
There’s no need to make an application for PSLF when you begin your repayment period. You can wait until having made 120 payments before submitting for it.
Download Fedloan PSLF Forms
Leave a Reply