Nate Cressall Agency
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Public Service Loan Forgiveness
(10 year program)
www.StudentAid.gov/publicservice
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The Department of Education will no longer be using MOHELA as their designated loan servicer for PSLF
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PSLF will be managed directly through the Department of Education’s StudentAid.gov website
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07/19/2024 Online sign-ups for the SAVE plan are blocked. Source here
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Getting Started
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​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
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
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Income-Driven Payment Plan
Step 4: Get on an income-driven repayment plan​
UPDATE: Automatic IDR recertification of income and family size now available
Student loan borrowers can get lower payments from the new SAVE Plan.
Want to wait until October 2024 to make payments? Check out this from The White House
Step 5: Track your Progress toward PSLF
Guide on how to track your payments is here
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Apply
Step 6: Apply for Forgiveness
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After 120 qualifying payments complete the PSLF form (step 3) again. Online is preferred over filling out PDF manually.
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Resources​
