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When you’re working toward Public Service Loan Forgiveness (PSLF), it’s helpful to submit the Employment Certification form every year to verify your employment (or at least every time you ...
To ensure that you’re set up for success with PSLF, the U.S. Department of Education recommends filling out a PSLF and Temporary Expanded PSLF (TEPSLF) Certification and Application (PSLF Form ...
Instead, try to submit the PSLF Employment Certification form on an annual basis, or at least every time you change employers. Skip to main content. Sign in. Mail. 24/7 Help. For premium support ...
The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service. [1]
The program replaced the earlier Federal Family Education Loan (FFEL) program which issued "guaranteed loans" — loans originated and funded by private lenders but guaranteed by the government. The FFEL program was eliminated because of a perception that it benefited private student loan companies at the expense of taxpayers, but did not help ...
After initially reviewing the Employment Certification Forms submitted by those employees, the Department of Education sent letters confirming that their ABA employment would qualify them for the PSLF program, provided that they continued to make monthly payments for the required 120-month period.
Borrowers can find the paper application on the FSA Forms Library by clicking on "Loan Forgiveness and Discharge" and selecting "Federal Student Loan Debt Relief" to download the English or ...
To qualify for the Teacher Loan Forgiveness you must be a highly qualified [2] teacher. You must not have had an outstanding balance on Direct Loans or Federal Family Education Loan (FFEL) Program loans as of Oct. 1, 1998, or on the date that you obtained a Direct Loan or FFEL Program loan after Oct. 1, 1998.