Public Service Loan Forgiveness (Pslf): Employment Certification Form Page 4
Download a blank fillable Public Service Loan Forgiveness (Pslf): Employment Certification Form in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Public Service Loan Forgiveness (Pslf): Employment Certification Form with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4
5
6SECTION 7: WHERE TO SEND THE COMPLETED FORM
Return the completed form and any documentation to:
If you need help completing this form, call:
(If no address is shown, return to your loan holder.)
(If no telephone number is shown, call your loan holder.)
U.S. Department of Education
Domestic: 855-265-4038
FedLoan Servicing
Or
Fax to: 717-720-1628
International: 717-720-1985
P.O. Box 69184
TTY: dial 711, then enter 800-699-2908
Harrisburg, PA 17106-9184
Website:
SECTION 8: IMPORTANT INFORMATION ABOUT PSLF
You may obtain loan forgiveness under this program if you
The Department will consider the lump sum payment
make 120 qualifying payments (see "Payment Eligibility") on
you have made as the equivalent of qualifying payments
eligible loans (see "Loan Eligibility") while working in
equal to the lesser of (1) the number of payments resulting
qualifying employment (see "Employment Eligibility").
after dividing the amount of the lump sum payment by the
monthly payment amount you would have made under one
Payment Eligibility
of the qualifying repayment plans listed below; or (2) 12
To receive PSLF, you must make 120 on-time, full,
payments.
scheduled, separate monthly payments on your Direct Loans
Peace Corps volunteers making an eligible lump sum
under a qualifying repayment plan after October 1, 2007.
payment must do so within 6 months of the Employment
On-time payments are those that are received by the
End Date, as reported in Section 3.
Department no later than 15 days after the scheduled
Your payments must be made under a qualifying
payment due date.
repayment plan. Qualifying repayment plans include the
Full payments are payments on your Direct Loan in an
REPAYE plan, the PAYE plan, the IBR plan, the ICR plan, the
amount that equals or exceeds the amount you are required
10-Year Standard Repayment plan, or any other Direct Loan
to pay each month under your repayment schedule. If you
repayment plan, but only payments that are at least equal to
make a payment that is less than what you are required to
the monthly payment amount that would be required under
pay for that month, that month's payment will not count as
the10-Year Standard Repayment plan.
one of the required 120 qualifying payments. If you make
Though repayment plans other than the REPAYE, PAYE,
multiple, partial payments in a month and the total of those
IBR, and ICR plans are qualifying repayment plans for PSLF,
partial payments equals or exceeds the required full
you must enter REPAYE, PAYE, IBR, or ICR to have a
monthly payment amount, those payments will count as
remaining balance to forgive after becoming eligible for
one qualifying payment.
PSLF. Otherwise, your loans will be fully repaid within 10
Scheduled payments are those that are made while you
years. To apply for these plans, visit StudentLoans.gov.
are in repayment. They do not include payments made while
IMPORTANT: The Standard Repayment Plan for Direct
your loans are in an in-school or grace status, or in a
Consolidation Loans made on or after July 1, 2006 have
deferment or forbearance period.
repayment periods of different lengths. Monthly payments
You must make separate monthly payments. Lump sum
you make under the Standard Repayment Plan on such
payments or payments you make as advance payments for
Direct Consolidation Loans are only qualifying payments if
future months do not count as more than one qualifying
the loans have a 10-year repayment period (which would
payment. If you wish to make a payment in excess of your
only occur if your total education indebtedness is less than
scheduled monthly payment, follow the instructions on your
$7,500).
bill for providing payment instructions, and notate that your
payment is not intended to cover future installments.
Loan Eligibility
Otherwise, your excess payment may affect your ability to
Only Direct Loan Program loans that are not in default
make future qualifying payments.
are eligible for PSLF. Loans you received under the Federal
If you were an AmeriCorps or Peace Corps volunteer, you
Family Education Loan (FFEL) Program, the Federal Perkins
may receive credit for making qualifying payments if you
Loan (Perkins Loan) Program, or any other student loan
make a lump sum payment by using all or part of a Segal
program are not eligible for PSLF.
Education Award or Peace Corps transition payment.
Page 4 of 6
ADVERTISEMENT
0 votes
Related Articles
Related forms
Employment Certification Form - Public Service Loan Forgiveness (pslf) - Department Of Education
Legal
Application For Forgiveness - Public Service Loan Forgiveness (pslf) - U.s. Department Of Education
Legal
Related Categories
Parent category: Legal