Submitting PSLF Form – A PSLF form is the form that you have to complete to be eligible for the Public Service the Loan Repayment Program. The PSLF is a program that allows to forgive your debts after 10 years of service. If you want to participate in this program, you must perform your job full-time at a qualified employer, and you must make on-time 120 payments.
If you’re confused about what is an employer that qualifies, these are the items that qualify:
-Your government employer
-A 501(c)(3) non-profit organization
-An un-profit or public health care institution
-An AmeriCorps or Peace Corps volunteer service
What is the deadline to File For Submitting PSLF Form?
You’re eligible to apply to file for PSLF If you hold a loan that is eligible and you have made 120 qualifying payment on the loan. You may be able file for PSLF by making just 10 qualifying repayments, but you must file for it before the end of your repayment period.
There is no requirement to declare PSLF in the first month of the repayment period. You may wait until you’ve made 120 payments before filing.
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