PSLF Payment Count – Form PSLF PSLF form is an application form that you will need to fill in to participate in the Public Services Grant Forgiveness program. The PSLF is an option that permits you to have your loan forgiven after 10 years of service. Before you can be considered eligible the program, you need to work full-time for a qualified employer and make 120 on-time payments.
If you’re confused of what constitutes a qualifying employer, then here are some of the things you can consider:
-Your government employer
–A 501(c)(3) non-profit organization
A non-profit or public health-care organization
-An AmeriCorps or Peace Corps volunteer service
When do I have to File For PSLF Payment Count?
You’re eligible to apply for PSLF if you have a qualifying loan and are able to make 120 qualifying monthly payments on that loan. It’s possible to file for PSLF after having made just 10 qualifying payments, however you must submit a request for it prior to the 10 years that begin your repayment period.
There is no requirement to submit a claim for PSLF before the commencement of your loan period. You may wait until you’ve made 120 payments prior to filing for it.
Download PSLF Payment Count
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