If PSLF Is Eliminated Would I Be Grandfathered In – This PSLF form is the form that you have to complete to qualify for the Public Service the Loan Repayment Program. The PSLF is a program that allows to be granted loan forgiveness following 10 years’ service. If you want to participate in this program, you must perform your job full-time at a qualified employer and be able to make 120 timely payments.
If you’re uncertain on what qualifies as being an employer that is qualified, there are a few things you can consider:
-Your government employer
–A 501(c)(3) non-profit organization
A non-profit, public health-care organization
-An AmeriCorps or Peace Corps volunteer service
When do I have to file for If PSLF Is Eliminated Would I Be Grandfathered In?
You can qualify for PSLF If you hold a qualifying loan and make 120 qualifying payments on that loan. You could be eligible to file for PSLF after only making 10 qualifying payments, however the application must be filed for it within 10 years from the commencement of the repayment period.
You don’t have to file for PSLF when you begin your repayment period. You may wait until you’ve made 120 payments before filing for it.
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