Blog Archives

COVID-19: Employer Student Loan Repayment Extended to Jan. 1, 2026

In the most recent COVID-19 relief bill, Congress has extended the employer tax-free contribution until January 1, 2026. Your employer can pay you (employee) directly or your lender up to $5,250/year tax-free for both you and the employer. The employee more »

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Posted in blog, COVID-19

COVID-19: Student Loan Forbearance Extended Until Jan. 31, 2021

Good news for borrowers! The CARES Act borrower benefits that were scheduled to end on December 31, 2020 has now been extended another month until January 31, 2021. This means that borrowers can save extra money that otherwise would have more »

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Historical PSLF Q&A’s

The PSLF Q&A’s from the Dept of Education periodically changes, making it harder to keep track of what it takes to qualify for PSLF. Got an old PSLF question that you thought you saw the answer to, but can’t find more »

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New Combined PSLF ECF and Forgiveness Form

The new PSLF Form is out and it is essentially a combined version of the old ECF and old PSLF Forgiveness application. That makes sense because the two older versions were almost the same form! With the new PSLF Form more »

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PSLF Help Tool Update

The PSLF Help Tool on the Dept of Education’s website has now been updated and is available here: https://studentaid.gov/pslf/ This new tool allows borrowers to look up their employer and see if their employer qualifies. It also tracks the number more »

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Biden & PSLF

Although the counts are still continuing, let’s take a look at Biden’s proposed PSLF program changes. According to “The Biden Plan for Education Beyond High School,” he will offer automatic enrollment for public service individuals into a new forgiveness program more »

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PSLF Tracking Updated

FedLoan Servicing has updated its PSLF tracking webpage to include a more centralized area for PSLF qualifying payments. You can now see how many payments qualify, for which loans, which payments do not qualify and why. If you do see more »

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COVID-19: Upload PSLF ECF’s

COVID-19 has forced many to turn to digital formats for exchanges of information. Did you know you can directly upload PSLF ECF’s onto FedLoan Servicing’s website? Save yourself a stamp and a trip to the post office! Here’s how: Login more »

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Posted in blog, COVID-19

PSLF & Digital Signatures: Denials

During the COVID-19 pandemic, there has been an increase in work from home setups where it becomes much easier and safer for HR to electronically sign Employment Certification Forms (ECF’s) for PSLF. Are digital signatures allowed for PSLF ECF’s? Some more »

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Posted in blog, COVID-19

PSLF Statistics August 2020

We’ve often heard of the horror stories of student borrowers not qualifying for Public Service Loan Forgiveness (PSLF) after so many years of hoping and waiting, but taking a closer look at the overall PSLF statistics gives a better understanding more »

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