Borrowers who have made 10 years of payments while working in a qualifying job — such as in the federal, state, or local government, a nonprofit organization, or the United States military – may be eligible for loan relief, regardless of the type of federal loan or repayment plan they have.
To qualify for PSLF, you must
- be employed by a U.S. federal, state, local, or tribal government or not-for-profit organization (federal service includes U.S. military service);
- have Direct Loans (or consolidate other federal student loans into a Direct Loan);
- repay your loans under an income-driven repayment plan*; and
- make 120 qualifying payments.
- work full-time for that agency or organization. To see if you work for a qualifying employer, use the Federal Student Aid website's help tool: https://studentaid.gov/pslf/It provides information on which employers meet requirements for the Public Service Loan Forgiveness program.
How to Apply:
The PSLF Help Tool can help you get started on the PSLF form. You'll be able to print the partially completed form for you and your employer to sign once you've entered your information. You can also download the PSLF form and fill out all parts before submitting it.
It is recommended that you submit the PSLF form annually or when you change employers to keep track of your progress toward PSLF eligibility. It'll make it a lot easier when you're ready to apply for loan forgiveness after ten years.
FedLoan Servicing will review your information and contact you if you qualify. They may request additional information, such as pay stubs, W-2s, or other documents. FedLoan Servicing will tell you how many qualified payments you've made so far, as well as how many more you'll need to make before you're eligible for forgiveness. There is currently no cap on the amount forgiven under PSLF.