January 30, 2023

Dawson County Journal

Dawson County, Nebraska

New Deadline for the Public Service Loan Forgiveness Program

The Public Service Loan Forgiveness Program has been in place since 2007 and has worked to help those individuals who are full time employees of a U.S. federal, state, local, or tribal government or not-for-profit organization with their student loans.

Individuals must have made at least 120 payments to qualify which if made consecutively would be 10 years.

There is currently a new one-time waiver that applies to the PSLF that would allow payments that did not previously qualify. Those who wish to see if their payments now qualify need to have applied by October 31st, 2022.

Hannah Young , Public Policy and Communications Manager for the Nonprofit Association of the Midlands , talked with Jacob Roth of the Rural Radio Network on the waiver and other details surrounding the PSLF waivers.

More details can be found at https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service

Source: Nebraska Regional News