Private student loans are not eligible for PSLF or any form of loan forgiveness, but more and more borrowers have them. In fact there is an estimated $100 Billion of student loans in the United States today. If you are one of the many private student loan borrowers, check out myguide fo...
Once you have completed 120 payments on your Direct Loans and met the other requirements, you are ready to submit a final PSLF form to the Department of Education. It will then review your payment history to determine your eligibility for forgiveness. When you submit the final PSLF form, you...
Meaning a potentially hefty tax bill at the end of the 10 years, too. My husband is about to start as an attending but will no longer be PSLF eligible. Our plan is to keep maxing out the retirement accounts (I think the habit of investing is worth more than the differene that money ...
After Getting Hired– No matter how confident you are about your employer’s eligibility for PSLF, you should stillsubmit an employer certification form (ECF)after your first couple of months on the job. The ECF is the only definitive method to verify eligibility. Additionally, it also triggers...
Get expert guidance on your path to federal student loan forgiveness. Public Service Loan Forgiveness (PSLF) Learn how to qualify and stay on track for Public Service Loan Forgiveness. Income-Driven Repayment (IDR) Understand your income-based repayment and forgiveness options. ...
Wrong Form– Back in 2018, the PSLF forgiveness form and the employer certification form were nearly identical, which lead to mistakes. Today, the forms are merged into a single document to avoid this issue. Additionally, the Department of Education Created thePSLF Help Toolto assist borrowers ...