If you are interested in Public Service Loan Forgiveness (PSLF), it’s important to understand the eligibility requirements you will need to qualify–starting with your repayment plan while pursuing loan forgiveness.
The Department of Education requires borrowers to enroll in a qualifying repayment program, such as Income-Driven Repayment (IDR) Plan, in order to receive credits towards PSLF. To optimize forgiveness under the PSLF) program, borrowers are recommended to enroll in an Income Driven Repayment (IDR) Plan.
Income Driven Repayment plans continue to be an important way to minimize your monthly payment now, while maximizing your forgiveness later on. By proceeding with the selected plan shown to you, you can process this enrollment application for your repayment plan, in addition to processing all related forgiveness paperwork.