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To be eligible for TEPSLF, you have to make 120 qualifying payments (at least 10 years) on your Direct Loans*. Heres what you should do next: Learn what it takes to qualify for PSLF. If you meet the eligibility requirements, you can reapply for PSLF or TEPSLF after youve been in repayment for at least 10 years.
It will make it much easier once you are ready to apply for forgiveness after 10 years of employment in public service! Submitting the form annually will let us track and verify how many qualifying payments you make while working full-time for a qualifying employer, among other PSLF eligibility requirements.
Do I qualify for Public Service Loan Forgiveness (PSLF)? work full time for a government agency or for certain types of nonprofit organizations, have Direct Loans (or have consolidated other federal student loans to qualify), repay your loans on an income-driven repayment plan, and. make 120 qualifying payments.
The Department is consolidating the forms that borrowers must complete if they want to ultimately receive the Public Service Loan Forgiveness (PSLF) Temporary Expanded PLSF (TESPLF). There will now be a single form for these programs.
Borrowers who have reached 20 or 25 years (240 or 300 months) worth of eligible payments for IDR forgiveness will see their loans forgiven as they reach these milestones.
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