February 1, 2012

Public Service Loan Forgiveness: 3 Forms You Need to Know

Our friend Heather Jarvis has shared good news with us regarding documetnation for the Public Service Loan Forgiveness (PSLF) program -- there are forms! 

From Heather's blog:

The Department of Education today released the long awaited Employment Certification for Public Service Loan Forgiveness form!  Woot!

Folks in government and 501(c)(3) nonprofit service* can finally get that warm and fuzzy feeling that will come from the government saying “yes” your employment qualifies and “yes” you made x number of payments that count towards forgiveness.

Why This Is Important 
Student loan borrowers can earn Public Service Loan Forgiveness by making 120 of the right kind of payments, on the right kind of loans, while working in the right kind of job*.  But you also have to PROVE that you met all the requirements of the program.  That’s where the paperwork comes in. 

Continue reading at Heather's blog.