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SECTION 7: WHERE TO SEND THE COMPLETED FORM

Return the completed form and any documentation to:

If you need help completing this form, call:

Mail to: U.S. Department of Education, FedLoan Servicing,

Domestic: 855-265-4038.

P.O. Box 69184, Harrisburg, PA 17106-9184.

International: 717-720-1985.

TTY: dial 711, then enter 800-699-2908.

Fax to: 717-720-1628.

Website:

Upload to: , if FedLoan

Servicing is already your servicer.

SECTION 8: IMPORTANT INFORMATION ABOUT PSLF

You may receive loan forgiveness under this program only

PAYMENT ELIGIBILITY (CONTINUED)

after you have made 120 qualifying payments (see

If you make a lump sum payment by using an

"Payment Eligibility") on eligible loans (see "Loan Eligibility"

AmeriCorps Segal Education Award or a Peace Corps

on page 5) while working full-time in qualifying

transition payment, or if a lump sum payment is made on

employment (see "Employment Eligibility" on page 5).

your behalf through a DOD student loan repayment

PAYMENT ELIGIBILITY

program, the Department will give you credit for qualifying

To receive PSLF, you must make 120 on-time, full,

payments equal to the lesser of (1) the number of payments

scheduled, separate monthly payments on your Direct Loans

resulting after dividing the amount of the lump sum

under a qualifying repayment plan after October 1, 2007.

payment by the monthly payment amount you would have

made under one of the qualifying repayment plans listed

On-time payments are those that are received by your

below; or (2) 12 payments.

servicer no later than 15 days after the scheduled payment

due date.

If you make an eligible lump sum payment using a Peace

Corps transition payment, you must do so within 6 months

Full payments are payments on your Direct Loan in an

of the Employment End Date, as reported in Section 3.

amount that equals or exceeds the amount you are required

to pay each month under your repayment schedule. If you

You may only use an AmeriCorps Segal Education Award

make a payment that is less than what you are required to

or Peace Corps transition payment one time to receive

pay for that month, that month's payment will not count as

credit for more than one qualifying payment towards PSLF.

one of the required 120 qualifying payments. If you make

However, lump sum payments made on your behalf under a

multiple, partial payments in a month and the total of those

DOD student loan repayment program may be counted as

partial payments equals or exceeds the required full

up to 12 qualifying payments for each year that a lump sum

monthly payment amount, those payments will count as

payment is made.

one qualifying payment.

Your payments must be made under a qualifying

Scheduled payments are those that are made while you

repayment plan. Qualifying repayment plans include the

are in repayment. They do not include payments made while

REPAYE plan, the PAYE plan, the IBR plan, the ICR plan, the

your loans are in an in-school or grace status, or in a

10-Year Standard Repayment plan, or any other Direct Loan

deferment or forbearance period.

repayment plan, but only payments that are at least equal to

the monthly payment amount that would be required under

You must make separate monthly payments. Except as

the10-Year Standard Repayment plan.

explained below, lump sum payments or payments you

make as advance payments for future months do not count

Though repayment plans other than the REPAYE, PAYE,

as more than one qualifying payment. If you want to pay

IBR, and ICR plans are qualifying repayment plans for PSLF,

more than your scheduled monthly payment amount, follow

you must enter REPAYE, PAYE, IBR, or ICR to have a

the instructions on your bill to let your servicer know that

remaining balance to forgive after becoming eligible for

your payment is not intended to cover future installments.

PSLF. Otherwise, your loans will be fully repaid within 10

Otherwise, you may not receive credit for future qualifying

years. To apply for these plans, visit StudentLoans.gov.

payments.

IMPORTANT: The Standard Repayment Plan for Direct

If you were an AmeriCorps or Peace Corps volunteer, you

Consolidation Loans made on or after July 1, 2006 has

may receive credit for making qualifying payments if you

repayment periods that range from 10 to 30 years. Monthly

make a lump sum payment by using all or part of a Segal

payments you make under this plan are qualifying payments

Education Award or Peace Corps transition payment.

only if the repayment period is 10 years, which would be the

case only if the total amount of the consolidation loan and

You may also receive credit for qualifying payments if a

your other eligible student loans is less than $7,500.

lump sum payment is made on your behalf through a

student loan repayment program administered by the U.S.

Department of Defense (DOD).

Page 4 of 6

Application For Forgiveness - Public Service Loan Forgiveness (Pslf) - U.s. Department Of Education Page 4

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