New PSLF FAQ’s with July 1st Regulatory Changes
Source: https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service/questions The Department of Education has updated their PSLF FAQ section, but it since it requires expanding the answers, we thought it’d be helpful to have the fully expanded version available for text searches. Qualifying Employer – Q&As What…
PSLF Reconsideration Request
PSLF Data: June – October 2022
The Department of Education has released PSLF data for June to October 2022. In the “PSLF Portfolio” tab of the Excel document, you can see how many “Unique Borrowers with PSLF discharges processed “PSLF, TEPSLF, and waiver” for PSLF forms…
Extension of Student Loan Repayment Pause
Good news for PSLF! President Biden has extended the student loan repayment pause, probably in response to the courts holding up the 10K/20K forgiveness. If the 10K/20K forgiveness “program has not been implemented and the litigation has not been resolved…
Dept of Education Announces New PSLF Improvements
On October 25, 2022, the Department of Education announced one-time and permanent improvements to PSLF. The permanent improvements will be reflected in the updated PSLF regulations, set to be published fully on November 1, 2022. For now, we have the…
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…
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…
PSLF Data: January – May 2022
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…
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:…