Public Service Loan Forgiveness

(10 year program)

October 2024 Update: If you are not enrolled in an IDR (Income-Driven Payment) plan then it may make sense to sign up @ https://studentaid.gov/idr/ now that applications are allowed again, after being blocked since 07/19/2024.

If you enroll, your servicer will put you in a 60-day processing forbearance (which counts toward PSLF, which is great!) and no payments will be due. No actual processing of applications is happening right now though so we hope the court system can figure things out soon.

Q: What happens after 60 days?

A: If the court system still hasn’t figured things out then you will remain in forbearance (no payments due) still; however, those zero payments will not count toward PSLF

Q: What if I’m already on SAVE (one of the IDR plans) and in mandatory forbearance now?

A: You will continue in forbearance. Hang tight until the court system figures things out. Nothing to do now.

Q: What if I need help?

A: The process to enroll in an IDR plan is fairly simple, but if you desire help/guidance you can book an appointment with me here: https://go.oncehub.com/NathanCressall

Getting Started

Log-in

Step 1: Log in to studentaid.gov

Step 2: Make sure you have Direct loans

If your loans are NOT Direct loans, you will need to consolidate the

non-direct loans only

Consolidate My Loans

Certify Employment

Step 3: PSLF Form

Payments under the PSLF program will only count if you are employed with a qualifying employer. Employment will be verified by submitting the PSLF Form periodically. Guide here