Public Service Loan Forgiveness

Public Service Loan Forgiveness

: You must make 120 on time, full, scheduled, monthly payments on your Direct Loans. You must make those payments under an Income Driven Repayment Plan and working full time at a qualifying public service organization.

 

Q:     What must I do to have any remaining balances on my Direct Loans forgiven under the PSLF Program?
A:     You must make 120 on time, full, scheduled , monthly payments on your Direct Loans. You must make those payments under an Income Driven Repayment Plan and working full time at a qualifying public service organization.

 

Q:     What is considered full time employment?
A:     You must meet your employer’s definition of full time. However, for PSLF purposes, that definition must be at least an annual average of 30 hours per week.