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Who qualifies for student loan forgiveness now?

To be eligible for forgiveness, you must have federal student loans and earn less than $125,000 annually (or $250,000 per household).

Can I fax and mail my PSLF application?

Return the completed form and any documentation to: Mail to: U.S. Department of Education, MOHELA, 633 Spirit Drive, Chesterfield, MO 63005-1243. Fax to: 866-222-7060.

How many hours do you have to work for loan forgiveness?

IF YOU HAVE ONE JOB You have to meet your employers definition of full-time OR work at least 30 hours per week, whichever is greater. IF YOU HAVE PART-TIME JOBS You have to work a combined average of 30 hours per week, and all your part-time jobs must meet the eligibility requirements.

How do I print a PSLF form?

You can use the PSLF Help Tool to assist you in starting the PSLF form. Once you enter your information, youll be able to print the partially completed form for you and your employer to sign. Or, you can download the PSLF form and complete all sections on your own before submitting it.

How do you get the student loan forgiveness?

Its a federal program that forgives the remaining balance on your Direct Loans if you meet all of these requirements: Make 120 qualifying payments under qualifying repayment plans. Work full-time for a qualifying employer.

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Is there a form to fill out for the student loan forgiveness?

After you make your 120th qualifying monthly payment for PSLF, youll need to submit the PSLF form to receive loan forgiveness. You must be working for a qualifying employer at the time you submit the PSLF form and at the time the remaining balance on your loan is forgiven.

Where do I fill out a student loan forgiveness form?

The application to apply for student loan forgiveness is short and straightforward. In order to apply, first go to the official application: Studentaid.gov/debt-relief/application.

Is it better to fax or mail PSLF application?

For most efficient processing, submit the completed form by fax to 866-222-7060.

Where do I get PSLF form?

To apply online, visit StudentAid.gov/PSLF.

How do I start the student loan forgiveness process?

Here are some steps you can take to be prepared when applications become available: Check if youre eligible. Check if you need to fill out an application. Sign up for Education Department updates, make sure your contact information is up-to-date with your loan servicer. Gather your 2020 and 2021 tax returns.

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