On October 6, 2021, the U.S. Department of Education (DoE) announced a change to the Public Service Loan Forgiveness (PSLF) program rules for a limited time as a result of the COVID-19 national emergency (we will share more about other student loan forgiveness programs when the application is available from the Department of Education; probably in October).

Under normal PSLF rules, borrowers must make 120 payments towards a direct loan while on a qualifying repayment plan and employed by a qualifying public service employer. For a limited time, federal student loan borrowers may receive credit for past periods of repayment that would otherwise not qualify for PSLF. 

PSLF Waiver Period Ends October 31, 2022: Normal PSLF rules will apply after this date. Borrowers who need to consolidate must submit a consolidation application by October 31, 2022. Similarly, borrowers will need to submit a PSLF form, the single application used for a review of employment certification, payment counts, and processing of forgiveness on or before October 31, 2022, to have previously ineligible payments count.

Please read this flyer carefully to see if you are eligible! 

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