Blog Archives

MOHELA’s Billing Error Months Will Count Towards PSLF

The U.S. Department of Education found that a company managing student loans, MOHELA, made big mistakes. They failed to send loan bills on time to 2.5 million people, making over 800,000 borrowers late on their payments. To fix this, the

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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

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PSLF Reconsideration Request

The Department of Education has a new PSLF Reconsideration Request for borrowers who want to contest the PSLF ineligible employer status or qualifying counts. The form is available through the StudentAid.gov website here: Submit a reconsideration request. Details for the

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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

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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

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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

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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

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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:

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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%

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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

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