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Get the free Public Service Loan Forgiveness Form Fufillment through The Work Number

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PR OD UC T SH ET Public Service Loan Forgiveness (PSL) Form Fulfillment through The Work Number Help automate the form fulfillment process for your HR teams and employees The PSL program was designed
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How to fill out public service loan forgiveness

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How to fill out public service loan forgiveness

01
Make sure you have a qualifying federal student loan.
02
Work full-time for a qualifying employer.
03
Make 120 qualifying payments under a qualifying repayment plan.
04
Submit an Employment Certification Form annually or when you change jobs.
05
Submit a Public Service Loan Forgiveness (PSLF) application when you have made 120 qualifying payments.

Who needs public service loan forgiveness?

01
Individuals with federal student loans who are working in public service professions such as government, non-profit organizations, or certain other public service jobs.
02
Borrowers who anticipate difficulty repaying their student loans and are willing to commit to ten years of qualifying employment and loan payments.
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Public Service Loan Forgiveness is a program that forgives the remaining balance on certain federal student loans after the borrower has made 120 qualifying monthly payments while working full-time for a qualifying employer.
Borrowers who have made 120 qualifying monthly payments while working full-time for a qualifying employer and meet all other eligibility requirements are required to file for public service loan forgiveness.
To apply for public service loan forgiveness, borrowers must submit the Public Service Loan Forgiveness (PSLF) Application for Forgiveness form, along with proof of employment and payment history.
The purpose of public service loan forgiveness is to incentivize individuals to work in public service professions by offering loan forgiveness after a certain period of time.
Borrowers must report their qualifying employment history, payment history, and any other information requested by the loan servicer on the Public Service Loan Forgiveness (PSLF) Application for Forgiveness form.
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