working in public service studen loan didn't fill out applicatio

working in public service studen loan didn’t fill out applicatio

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Working in Public Service: Student Loan Forgiveness for Those Who Didn’t Fill Out the Application

working in public service studen loan didn't fill out applicatio

Introduction

Readers, you’re in luck! Do you work in public service and have student loans that you haven’t been able to pay off? You may be eligible for student loan forgiveness, even if you didn’t fill out the Public Service Loan Forgiveness (PSLF) application before the deadline. In this article, we’ll walk you through the steps you need to take to get your student loans forgiven under the new PSLF waiver.

What is the Public Service Loan Forgiveness (PSLF) Program?

The PSLF program forgives the remaining balance on your federal student loans after you make 120 qualifying payments while working full-time for a qualifying public service employer. Qualifying employers include government organizations, non-profit organizations, and certain other public service institutions.

Who is Eligible for PSLF?

To be eligible for PSLF, you must meet the following requirements:

  • You must have worked full-time for a qualifying public service employer for at least 10 years.
  • You must have made 120 qualifying payments on your federal student loans while working for a qualifying public service employer.
  • Your loans must be Direct Loans or Federal Family Education Loans (FFELs).

I Didn’t Fill Out the PSLF Application Before the Deadline. Can I Still Get My Loans Forgiven?

Yes! Under the new PSLF waiver, you may be eligible to have your loans forgiven even if you didn’t fill out the PSLF application before the deadline. To be eligible for the waiver, you must meet the following requirements:

  • You must have been employed full-time by a qualifying public service employer for at least 10 years.
  • You must have made at least 120 qualifying payments on your federal student loans, regardless of whether you consolidated your loans or not.
  • You must submit a PSLF application by October 31, 2022.

How to Apply for PSLF Under the Waiver

To apply for PSLF under the waiver, you must submit a PSLF application to FedLoan Servicing. You can download the application from the FedLoan Servicing website. Once you have completed the application, you must mail it to FedLoan Servicing.

What Happens After I Submit My PSLF Application?

Once you submit your PSLF application, FedLoan Servicing will review your application to determine if you are eligible for forgiveness. If you are eligible, FedLoan Servicing will forgive the remaining balance on your federal student loans.

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Conclusion

There you have it! The PSLF waiver is a great opportunity to get your student loans forgiven if you work in public service. If you meet the eligibility requirements, we encourage you to apply for PSLF by October 31, 2022.

FAQ about Working in Public Service Student Loan Forgiveness and Not Filling Out Application

Can I get public service student loan forgiveness if I didn’t fill out an application?

No, you may not be eligible for forgiveness if you did not submit an application.

Is there a deadline to apply for public service student loan forgiveness?

Yes, there is a 10-year deadline from the date you began working in public service to apply for forgiveness.

What is the process for applying for public service student loan forgiveness?

You must submit a Public Service Loan Forgiveness (PSLF) Application to the Federal Student Aid office and meet all eligibility requirements.

What documents do I need to submit with my PSLF Application?

You will need to provide proof of your employment in public service and any outstanding federal student loans.

What if I’ve never made any payments on my student loans?

You must make at least 120 qualifying payments while working in public service to be eligible for forgiveness.

What if I have multiple federal student loans?

You can consolidate your loans into a Direct Consolidation Loan to make it easier to track your payments and progress towards forgiveness.

What if I move to a different job after I start working in public service?

You can continue to make qualifying payments towards forgiveness as long as you continue working in public service.

What if I change my mind and decide I don’t want to pursue public service student loan forgiveness?

You can withdraw your PSLF Application and continue making payments on your student loans.

How long does it take to process a PSLF Application?

Applications typically take 60-90 days to process.

Where can I get help with my PSLF Application?

You can contact the Federal Student Aid office or visit their website for guidance and support.

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