Step three is best accomplished bysending in an employer certification formon a yearly basis. Though yearly certification of an employer’s eligibility isn’t explicitly required, it is a best practice for borrowers. This helps the borrower keep track of payments towards the required 120 and helps...
If MyFedLoan does not service your loans, it means you have not completed an Employment Certification Form or applied for PSLF. If you think there is even a tiny possibility that you might qualify for PSLF,send in an Employer Certification formas soon as possible. Working with Fed...
If you are planning on applying for the PSLF, it is important that you fill out the ECF, although it is a voluntary form. Filling it out will do two things for you: If you are ambiguous on whether your current work is considered a public service job, you will find out before investin...
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...
However, there is a strong likelihood that REPAYE could return in its original form if SAVE is eliminated. Here again, the MPN and the six-year rule of the Administrative Procedure Act provide a degree of protection for current borrowers. Notably, during Trump’s first term, REPAYE was avai...