Blog Archives

Take ACTION by October 31, 2022! PSLF Waiver if (1) You’ve Never Submitted PSLF or ECF Application and/or (2) Can Consolidate to Receive Largest Payment Count From Consolidated Loans

(1) Never submitted a PSLF or ECF Form/Application? YOU NEED TO ACT NOW: How to Qualify Find out if your employment is eligible by checking our PSLF employer search. If your employer is eligible or is “likely ineligible” (which means their eligibility more »

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Posted in blog, COVID-19

PSLF Proposed Regulations

The Department of Education announced its release of proposed regulations for PSLF on July 6, 2022: “The Department proposes to make it easier for borrowers working in public service to gain progress toward forgiveness. Specifically, the Department proposes allowing more more »

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PSLF Data: January – May 2022

The Department of Education regularly releases PSLF data. We’re continuing to see high rates of updated PSLF counts from ECF’s, hovering in the 98-99%. That means most people submitting ECF’s met employment certification requirements, resulting in an updated qualifying payment more »

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Department of Education Fixes to Student Loans

In a press release on April 19, 2022, the Department of Education announced several fixes to student loan programs that have plagued student borrowers. These changes are automatic and borrowers may not see the changes until end of 2022. “Additional more »

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Student Loan Repayments Pause Extended Until August 31, 2022

After many rumors swirling, the Department of Education has announced today, April 6, 2022, that the student loan repayment pause will be extended once again. This continues the pause that began in March 2020, marking over two years of pause: more »

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Posted in blog, COVID-19

New PSLF Data from Dept of Education

The Department of Education has released new PSLF data from November 9, 2020 to January 31, 2022 and November 9, 2020 to February 28, 2022. Around 99.6-99.7% of ECF’s that met the requirements resulted in an updated count. Around 1.6-1.7% more »

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Student Loan Repayment Paused Until May 1, 2022

Good news for borrowers! President Biden has extended the pause on student loan repayment until May 1, 2022. Previously, the pause was set to end on January 1, 2022. According to the White House press statement released on December 22, more »

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Posted in blog, COVID-19

Dept of Education’s PSLF Promise and PSLF Waiver Batches

Due to the hiccups (AKA mistakenly sent rejection letters) from FedLoan Servicing in processing the new PSLF Waiver guidance, the Department of Education issued a “PSLF Pledge” that the PSLF Waiver will happen and for student borrowers to be patient more »

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Limited Waiver Rejections

About a month ago, on October 6, 2021, the Department of Education announced a limited PSLF waiver (StudentAid.gov/PSLFWaiver), where all payments by student borrowers would be allowed to count toward PSLF, regardless of loan program or payment plan. Unfortunately, the more »

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US Dept of Education Overhaul of PSLF

The US Department of Education has announced in its press release today some major improvements to the PSLF program. Let’s get a breakdown: A limited PSLF waiver (StudentAid.gov/PSLFWaiver)This allows all payments by student borrowers to count toward PSLF, regardless of more »

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