Blog Archives

New Combined PSLF ECF and Forgiveness Form

Posted on November 24, 2020 by askHFTD

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…

Tagged with: ECF, employment certification form, PSLF, public service loan forgiveness
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PSLF Help Tool Update

Posted on November 9, 2020 by askHFTD

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…

Tagged with: department of education, PSLF, public service loan forgiveness
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PSLF Tracking Updated

Posted on November 3, 2020 by askHFTD

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…

Tagged with: fedloan servicing, PSLF, PSLF Tracker, public service loan forgiveness
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COVID-19: Upload PSLF ECF’s

Posted on October 27, 2020 by askHFTD

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…

Tagged with: ECF, employment certification form, fedloan servicing, PSLF, public service loan forgiveness
Posted in blog, COVID-19

PSLF & Digital Signatures: Denials

Posted on October 26, 2020 by askHFTD

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…

Tagged with: digital signatures, e-signature, electronic signatures, PSLF, public service loan forgiveness
Posted in blog, COVID-19

PSLF Statistics August 2020

Posted on October 26, 2020 by askHFTD

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…

Tagged with: PSLF, PSLF application, public service loan forgiveness
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PSLF: COVID-19 Suspension of Payments Strategy

Posted on October 12, 2020 by askHFTD

The COVID-19 relief for student loan borrowers gives all borrowers an automatic temporary suspension of payments until December 31, 2020. If you’re in PSLF, that means that during these months until December 31, 2020, you don’t have to pay anything,…

Tagged with: coronavirus, COVID-19, department of education, PSLF, public service loan forgiveness, suspension of payments
Posted in blog, COVID-19

COVID-19 Forbearance and PSLF

Posted on October 3, 2020 by askHFTD

The Department of Education has updated their site with more information about PSLF and IDR during COVID-19. The good news is that suspended payments count toward PSLF! See below for more info: From FedLoan Servicing: Public Service Loan Forgiveness (PSLF)…

Tagged with: coronavirus, COVID-19, department of education, fedloan servicing, PSLF, public service loan forgiveness
Posted in blog, COVID-19

PSLF $0 Payments: For Real?

Posted on October 2, 2020 by askHFTD

Short answer, yes! Many times, borrowers are confused as to whether $0/month payments count towards PSLF. If the borrower’s income level is low enough, the income-driven repayment plan (IDR) will place the borrower in a $0/month repayment schedule. Usually borrowers…

Tagged with: $0/month, PSLF, public service loan forgiveness
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PSLF Recount Problems

Posted on October 1, 2020 by askHFTD

We’ve seen many horror stories about completing PSLF recounts. Sometimes recounts are needed when borrowers switch repayments plans, switch loan servicers, consolidate, split loans, it seems just about any transaction under the sun! Usually the wait time for PSLF recount…

Tagged with: Ombudsman, PSLF, PSLF Recount, public service loan forgiveness, recount
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