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The loan servicer will then notify the borrower when the debt relief has been applied and if there is a new payment based on any remaining loan balance.
If you have applied, here are the next steps the Federal Student Aid office is taking. When you submit a Student Loan Debt Relief application, you will receive an email confirmation.
“Once you submit your application, we’ll review it, determine your eligibility for debt relief, and work with your loan servicer (s) to process your relief.
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.
The Biden administration has officially launched the application process to receive federal student loan forgiveness with a beta version of the website that went live over the weekend. About eight...
The student loan forgiveness application is now formally open. Borrowers may visit the FAFSA website and apply for federal student loan debt relief. Those who apply (no later than Dec. 31, 2023 ...
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