How do I apply for Public Service Loan Forgiveness?
To apply for Public Service Loan Forgiveness (PSLF), you need to follow these steps: 1. Ensure you qualify by working for a qualifying employer. 2. Make 120 qualifying monthly payments under a qualifying repayment plan. 3. Submit the PSLF application form.
What qualifies as a qualifying employer?
A qualifying employer for PSLF includes government organizations, non-profit organizations, and certain other types of non-profits that provide qualifying public services.
How do I know if my payments qualify?
Your payments qualify if they are made under a qualifying repayment plan while you are employed full-time by a qualifying employer. You can check your payment history on your loan servicer's website.
Is there a deadline for applying?
There is no specific deadline to apply for PSLF, but it's best to apply as soon as you meet the requirements to ensure you receive forgiveness.
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