Application For Forgiveness - Public Service Loan Forgiveness (Pslf) - U.s. Department Of Education Page 5


Only Direct Loan Program loans that are not in default
A private not-for-profit organization that is not a tax-
are eligible for PSLF. Loans you received under the Federal
exempt organization under Section 501(c)(3) of the IRC may
Family Education Loan (FFEL) Program, the Federal Perkins
be a qualifying organization if it provides certain specified
Loan (Perkins Loan) Program, or any other student loan
public services. These services include emergency
program are not eligible for PSLF.
management, military service, public safety, or law
enforcement services; public health services; public
If you have FFEL Program or Perkins Loan Program loans,
education or public library services; school library and other
you may consolidate them into a Direct Consolidation Loan
school-based services; public interest legal services; early
to take advantage of PSLF. However, payments made on
childhood education; public service for individuals with
your FFEL Program or Perkins Loan Program loans before
disabilities and the elderly. The organization must not be a
you consolidated them, even if they were made under a
business organized for profit, a labor union, or a partisan
qualifying repayment plan, do not count as qualifying PSLF
political organization.
payments. In addition, if you made qualifying payments on a
Direct Loan and then consolidate it into a Direct
Employment as a member of the U.S. Congress is not
Consolidation Loan, you must start over making qualifying
qualifying employment.
payments on the new Direct Consolidation Loan.
You must be employed full-time by your employer.
If you are planning to consolidate your FFEL Program or
Generally, you must meet your employer's definition of
Perkins Loan Program loans into a Direct Consolidation Loan
full-time. However, for PSLF purposes, that definition must
to take advantage of PSLF and do not have any Direct Loans,
be at least an annual average of 30 hours per week. For
do not submit this form until you have consolidated your
purposes of the full-time requirement, your qualifying
loans. The online application for Direct Consolidation Loans
employment at a 501(c)(3) organization or a not-for-profit
contains a section that allows you to indicate that you are
organization does not include time spent participating in
consolidating your loans for PSLF. If you plan to consolidate
religious instruction, worship services, or any form of
Perkins Loan Program loans, first understand that Perkins
Loan Program loans may be cancelled for certain types of
If you are a teacher or in another position under contract
public service. If you consolidate a Perkins Loan Program
for at least eight out of 12 months, you meet the full-time
loan, you will no longer be eligible for Perkins cancellation.
standard if you work an average of at least 30 hours per
The online application is available at If
week during the contractual period and receive credit by
you don't know whether you have Direct Loans, go to
your employer for a full year's worth of employment.
If you are employed in more than one qualifying part-
time job simultaneously, you may meet the full-time
To qualify for PSLF, you must be an employee of a
employment requirement if you work a combined average
qualifying employer. An employee is someone who is hired
of at least 30 hours per week with your employers.
and paid by the employer. You may physically perform your
Vacation or leave time provided by the employer or leave
work at a qualifying or non-qualifying organization, as long
taken for a condition that is a qualifying reason for leave
as you are an employee of a qualifying employer. If you are
under the Family and Medical Leave Act of 1993, 29, U.S.C.
working at the location of or with an organization under
2612(a)(1) and (3) is equivalent to hours worked in qualifying
contract with your employer, the organization that hired
and pays you must be a qualifying employer, not the
organization where you perform your work.
A qualifying organization is a government organization, a
If you submit this form and your employer qualifies, all of
tax-exempt organization under Section 501(c)(3) of the
your loans held by the Department will be transferred to
Internal Revenue Code, or a private not-for-profit
FedLoan Servicing. FedLoan Servicing will then determine
organization that provides certain public services. Service in
how many qualifying payments you made during the period
an AmeriCorps or Peace Corps position is also qualifying
of qualifying employment within the dates provided in
Section 3.
You are not permitted to apply the same period of
service to receive PSLF and the Teacher Loan Forgiveness
and Civil Legal Assistance Attorney Student Loan
Repayment programs.
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