Public Service Loan Forgiveness Program

by Mescalero Apache Tribe | October 12, 2022 2:03 pm

The Public Service Loan Forgiveness Program (PSLF) forgives the remaining balance on your Direct Loans after you have made 120 qualifying monthly payments under a qualifying repayment plan while working full-time for a qualifying employer. If you are employed by a U.S. federal, state, local, or tribal government or not-for-profit organization, you might be eligible for the PSLF. 

The Biden Administration has made temporary changes to the program that may allow tribal government (and other government) and non-profit employees who were not previously eligible, to be eligible or receive additional credits towards repayment. This is called the Limited PSLF Waiver. The deadline to apply for this limited program is OCTOBER 31ST. After October 31st, normal PSLF rules will apply.  

Learn more about the temporary changes at www.studentaid.gov/pslfwaiver[1].

Endnotes:
  1. www.studentaid.gov/pslfwaiver: http://www.studentaid.gov/pslfwaiver

Source URL: https://mescaleroapachetribe.com/17440/public-service-loan-forgiveness-program/