Key Takeaway:What you do or where you work does not matter for PSLF eligibility. The distinction lies in who your direct employer is. Verifying Employer Eligibility As Soon As Possible While employer assurances regarding PSLF are encouraging, more work is necessary to ensure eligibility. The Depart...
To better understand your PSLF eligibility, take our quiz below. You can also use theemployer search tool on studentaid.govto see if your current and past employers are on the eligible list. Jobs that don’t qualify for PSLF To further understand what types of jobs and employers typically ...
Eligible Employer– Not all employers qualify as public service.Borrowers who are employed directly by the government or a 501(c)(3) should be able to demonstrate their eligibility. Once borrowers complete 120 payments that meet the above requirements, they qualify to have their federal student lo...
An important caveat to this is that if you are a government contractor you may not qualify. For example, let’s say your for-profit employer provides services for a contract they have with the federal government. You are not directly employed by the government and, even if you are referred...
It is still rather confusing as to which jobs exactly qualify as “public service”. Your job description doesn’t matter, only the status of your official employer. You could be a teacher or a nurse, but one might be a nurse at a nonprofit hospital and the other might be at a private...
While this almost certainly means the end of the SAVE repayment plan, how it all plays out remains an open question with significant implications. The SAVE rules didn’t just create the SAVE plan; they eliminated the REPAYE plan, limited enrollment in ICR and PAYE, and allowedthe double-cons...