What are the different types of student loan forgiveness programs?

What are the different types of student loan forgiveness programs?

There are several types of student loan forgiveness programs, including Public Service Loan Forgiveness, Teacher Loan Forgiveness, and Income-Driven Repayment forgiveness. Would you like details on a specific program?

Yes, tell me more about Public Service Loan Forgiveness.

Public Service Loan Forgiveness (PSLF) is for borrowers who work in qualifying public service jobs. After making 120 qualifying monthly payments, you may have the remaining balance of your Direct Loans forgiven.

What jobs qualify for PSLF?

Qualifying jobs include those in government organizations, nonprofit organizations, and certain types of public service roles. Would you like to know more about the application process?

Yes, how do I apply for PSLF?

To apply for PSLF, you need to submit the Employment Certification Form annually or whenever you change employers. This form verifies your employment and helps track your qualifying payments.