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Frequently Asked Questions

When did PSLF program begin?

The Public Service Loan Forgiveness (PSLF) program began in 2007 with the intent of providing a financial cushion for those who chose to work in public service. You make 120 months of income-based payments while working for a qualified organization (such as the government or a 501(c)(3) entity).

Do teachers qualify for PSLF?

Teachers who work for a public school, nonprofit private school, or nonprofit charter school all qualify for the Public Service Loan Forgiveness (PSLF) Program. You qualify no matter what grade you teach. Elementary school teachers, secondary school teachers (high school), and college professors all qualify. So too do adjunct professors.

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