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When you’re working toward Public Service Loan Forgiveness (PSLF), it’s helpful to submit the Employment Certification form every year to verify your employment (or at least every time you ...
The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service. [1]
Instead, try to submit the PSLF Employment Certification form on an annual basis, or at least every time you change employers. Your PSLF Public Service Employment Certification Might Not Mean Anything
However, the Department of Education recommends instead submitting the form while you’re working toward PSLF to complete your employer certification process. Make sure you continue making ...
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The PSLF program was signed into law by President George W. Bush in 2007 and provided that anyone working full-time in eligible public service jobs could have the remaining balance of their student loans issued under the Federal Direct Student Loan Program forgiven after making 120 qualifying monthly payments.
After all, you wouldn’t want to get to the end of 10 years only to find out your employers weren’t eligible in the first place. 4 Facts About Public Service Loan Forgiveness and PSLF ...
The employer is eligible if there was an order from the government to limit commerce, travel, or group meetings [e] that resulted in the employer's partial or full suspension of operations. [13] An order from the government includes an official rule [f] from any federal, state, or local government that has jurisdiction over the employer. [8]