To qualify for PSLF, you must:
- work for a government agency or certain types of nonprofit organizations.
- work full-time for that agency or organization (defined as 30+ hours per week)
- have Direct Loans
- be enrolled into an income-driven repayment plan.
- have made 120 qualifying payments towards your direct loans*
Once all of these conditions are met, the Public Service Loan Forgiveness (PSLF) Program forgives the remaining balance on your qualifying loan(s).
*All information related to Public Service Loan Forgiveness eligibility originates from the Department of Education.
For more information, visit https://studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation