Limited waiver for student loan forgiveness ends October 31

Do you have federal student loans? Have you worked in public service (for a government agency, military, or non-profit organization)?

If so, find out if you are eligible for the Public Service Loan Waiver (PSLF) Limited waiver, which expires on October 31, 2022.

Thousands of federal student loan borrowers have used rebates to get closer to total loan forgiveness.

The PSLF waiver may come in handy if you have:

Federal direct loans – or other types of federal student loans such as FFEL or Perkins –

can be consolidated into direct loans by October 31, and

Work history with qualified public service employers.

For a limited time, the rebate gives you credit for repayment periods that weren't previously calculated — times when you didn't pay,

didn't make payments on time, didn't pay the full amount due, or were eligible. Not on repayment plan.

With the average borrower getting one year of credit with a discount,

now is the time to find out if the PSLF waiver might work for you. Before 31 October 2022:

Log in to your federal student aid account. Use your Federal Student Aid ID to access Studentaid.

gov and complete PSLF Limited exemption requirements.

Submit PSLF Form. Use the PSLF Help Tool to verify the current and past employment for which you want credit and submit the PSLF form.

Confirm (or consolidate) direct loans. The discount only applies to direct loans,

so consolidate your existing federal loans by October 31, 2022. It's free through...

Not sure what type of loan you have? View your FSA Help Summary.

Always contact Federal Student Aid or your loan servicer for questions about loan repayment.

And if a company says they can help you sign up for PSLF or any student loan forgiveness program for an advanced fee,

it's a scam! Report it to the FTC

 student loan forgiveness ends October 31