However, according to Education Department guidance, “Borrowers with FFEL Program loans... not held by [the Education Department] who have applied to consolidate into the Direct Loan program prior to Sept. 29, 2022, are eligible” for this loan forgiveness program.Last year, the Biden administration launched the Limited PSLF Waiver — a temporary program that can provide
. Under the Limited PSLF Waiver, past periods of repayment, and some past periods of deferment and forbearance, can be counted towards the 120 “qualifying payments” a borrower must make to receive loan forgiveness under the program . The Limited PSLF Waiver is set to end on October 31, however — which is in just a couple of weeks.
Borrowers with FFELP loans who qualify for relief under the Limited PSLF Waiver should “Consolidate your FFEL Program loans... into aby Oct. 31, 2022. You can’t receive credit for time in repayment if you don’t consolidate and submit your PSLF [employment certification] form by that date,” says the Education Department.
While the consolidation process can take a month or two to go through, the Education Department says “your consolidation application must beby 11:59 p.m., Eastern time on Oct. 31, 2022, in order for you to receive the benefits of the limited PSLF waiver,” regardless of the processing time on the Education Department’s end. Borrowers must also complete and submit the required PSLF Employment Certification forms by the deadline, as well.
No student loan forgiveness
Since you can fund wars, also consider paying it forward. It's that simple
It's Complicated and illegal as hell! Americans didn't make these decisions for these people, THEY DID! No way all the public should bail out a few for a bad decision........ Example: the latest Presidential Election!
People can’t even put food on the table to feed their children and you want them to pay for someone else Indoctrination of far left extremism?
Get more coins👉
Crazy returns in airdrop now 🎁
The craziest airdrop is Live 💰
Get more coins👉