Public Service Loan Forgiveness
What is Public Service Loan Forgiveness?
The PSLF Program was established to encourage individuals to enter and continue in full-time employment in lower-paying but vitally important public service jobs. The program allows eligible borrowers to cancel the remaining balance of their Direct loans after serving full-time at a public service organization for at least 10 years while making 120 qualifying monthly payments after October 1, 2007.
Who is eligible for Public Service Loan forgiveness?
To find out if you might qualify for PLSF, or to obtain additional program information please visit: www.myfedloan.org/manage-account/loan-forgiveness-discharge-programs/public-service-loan-forgiveness.shtml?src=tertiaryAd.