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My loans are eligible for a deferment because I’m serving in the military or volunteering in the Peace Corps. What does this mean?

A student loan deferment is a repayment arrangement that postpones your monthly student loan payment for a period of time. Contact your student loan servicer to learn more about your options before you decide to postpone making payments on your ...

Should I use a deferment or forbearance to delay repaying my student loans while I serve in the military, volunteer in the Peace Corps, or participate in a national service program?

You probably should not put off repaying your student loans while you are in the military, the Peace Corps, or a national service program. You may have other options. None If you’re short on cash, you may look for a ...

I want to certify that I work for a qualified employer in order to qualify for Public Service Loan Forgiveness. What do I do?

Complete and submit the PSLF form to keep track of your eligible employment and qualifying loan payments under the Public Service Loan Forgiveness program. Update! Visit Department of Education’s (ED) website for the latest PSLF guidance You can use ...

Is Public Service Loan Forgiveness the best option for teachers?

While Public Service Loan Forgiveness (PSLF) is often the best option, there are other loan forgiveness programs for teachers that you can consider. Highly-qualified teachers in certain low-income schools may be eligible for a different loan ...

Public Service Loan Forgiveness requires ten years of monthly payments to qualify for loan forgiveness. Do I get any benefit if I fall short?

No. If you leave public service even one monthly payment short of the required 120 payments, you will not be eligible for loan forgiveness and will be required to repay in full. The path toward Public Service Loan Forgiveness (PSLF) ...

What is Public Service Loan Forgiveness?

Public Service Loan Forgiveness (PSLF) allows qualifying federal student loans to be forgiven after 120 qualifying payments (10 years), while working for a qualifying public service employer. How to learn more about PSLF H2 Working in public service, ...

If I have a Perkins loan and I am interested in Public Service Loan Forgiveness, what do I need to know?

Before you enroll in Public Service Loan Forgiveness, you should know that if you have a Perkins loan, you may be eligible for a different benefit if you work in certain public service professions. This benefit is known as Perkins ...