Public Service Student Loan Forgiveness
If you have worked in public service (federal, state, local, tribal government, or a non-profit organization) for 10 years or more (even if not consecutively), you may be eligible to have all your student debt canceled.
You must apply before October 31, 2022.
Until Oct. 31, 2022, federal student loan borrowers can get credit for payments that previously didn’t qualify for Public Service Loan Forgiveness (PSLF) or Temporary Expanded Public Service Loan Forgiveness (TEPSLF). Past periods of repayment will now count whether or not borrowers made a payment, made that payment on time, for the full amount due, or on a qualifying repayment plan.
Under the limited PSLF waiver, you can get credit for past payments even if you
- didn’t make the payment on time,
- didn’t pay the full amount due, or
- weren’t on a the right repayment plan.
To be considered for the limited PSLF waiver, you must have a Direct Loan. If you don’t, you have until Oct. 31, 2022, to consolidate your loans into a Direct Loan. To see if you are eligible, go to pslf.gov.
Government employers include the U.S. military, public elementary and secondary schools, public colleges and universities, public child and family service agencies, and special governmental districts (public transportation, water, bridge district, or housing authorities). Please note, a government contractor isn’t considered a government employer.
If you’re a full-time employee of a public school system, your employment would meet the requirements for PSLF, regardless of your position (teacher, administrator, support staff, etc.).
