While your loans may be eligible for a deferment or forbearance when you serve in the military or volunteer in the Peace Corps or other national service program, there may be better repayment options for you to consider. If you’re ...
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If you believe you work for a qualifying employer, you will need to fill out and submit a PSLF form to certify that your employment qualifies for PSLF and keep track of your eligible employment and qualifying payments. Qualifying employers ...
What is the best student loan forgiveness option for teachers?
Public Service Loan Forgiveness (PSLF) is often the best option, but there are other student loan forgiveness programs for teachers to consider. If you have federal student loans and work as a teacher, you may be eligible for several loan ...
If you leave public service even one monthly payment short of the required 120 payments, you will not be eligible for PSLF based on the public service you completed. However, if you return to public service, you can pick up ...
What is Public Service Loan Forgiveness (PSLF)?
Public Service Loan Forgiveness (PSLF) allows qualifying federal student loans to be forgiven if you work for a qualifying public service employer and make 120 qualifying monthly payments. PSLF requirements Working in public service—such as for U.S. ...
If you work in certain public service professions and have a Perkins loan, you may be eligible for a different benefit called Perkins loan cancellation available at the end of five years of service. With Perkins loan cancellation, for each ...