Which Jobs Qualify for Public Service Loan Forgiveness? A recent GAO report provides new insights into why borrowers don’t qualify for Public Service Loan Forgiveness (PSLF) and Temporary Expanded Public Service Loan Forgiveness (PSLF). Public Service Loan Forgiveness (PSLF) is a program that forgives the remaining balance on Direct Federal Loans if you are employed full time by a U.S. federal, state, county, local or tribal government or not-for-profit organization. However, you must be working for a qualifying employer at the time you submit the PSLF application and at the time the remaining balance on your loan is forgiven. Read our following guides for student loan forgiveness. It seems that both the borrowers and the PSLF servicer may be at fault. Many are eligible for PSLF, but also other loan forgiveness opportunities as well: Savingforcollege.com is an unbiased, independent resource for parents and financial professionals, providing them with information and tools to understand the benefits of 529 college savings plans and how to meet the challenge of increasing college costs. Full-time work requires working at least 30 hours per week. Your loans payments for PSLF are based on four things: Your loan balance; Your family size; Your adjusted gross income and; The repayment plan you choose When the PSLF Help Tool is updated in mid-November 2020, you’ll be able to see how many of your loans qualify for the PSLF program, how many qualifying payments you have made, and what actions you need to take to make non-qualifying loans eligible. What is Public Service Loan Forgiveness (PSLF)? A private, not-for-profit organization (that is not a labor union or a partisan political organization) that provides one or more of the following public services: Early childhood education (including licensed or regulated health care, Head Start, and state-funded pre-kindergarten), Public service for individuals with disabilities and the elderly, Public health (including nurses, nurse practitioners, nurses in a clinical setting, and full-time professionals engaged in health care practitioner occupations and health care support occupations), School library or other school-based services, For-profit organizations (this includes for-profit government contractors), Not-for-profit organizations that are not tax-exempt under Section 501(c)(3) of the Internal Revenue Code and that do not provide a qualifying public service as their primary function. 529 Savings Calculator for Private K-12 Tuition, Revised Pay As You Earn Repayment Calculator, Public Service Employment Certification Form, Government (excluding time served as a member of Congress), Public Health (including nurses, nurse practitioners, nurses in a clinical setting, and full-time professionals engaged in health care practitioner occupations and health care support occupations, as such terms are defined by the Bureau of Labor Statistics), Social Work in a public child or family service agency, Public Interest Law Services (including prosecution or public defense or legal advocacy on behalf of low-income communities at a nonprofit organization), Early Childhood Education (including licensed or regulated childcare, Head Start, and State funded prekindergarten), Public service for individuals with disabilities, School-based library sciences and other school-based services, Teaching as a faculty member at a Tribal College or University, Teaching as a faculty member in a high-need subject area or shortage area (including nurse faculty and foreign language faculty), For-profit government contractors (as opposed to directly working for a government agency), Religious organization (unless the job is unrelated to religious instruction, worship services or proselytizing). There is no requirement to enter the PSLF program, only that you apply at the end of your ten years of qualifying employment, payments and having the correct loan types (see above). Public Service Loan Forgiveness (PSLF) is a federal program that allows loan forgiveness for qualified employees who work full-time for a variety of employers. Editor’s Note: This article was originally published on September 26th, 2018. Fortunately, for both Dave and the average borrower, a complicated legal analysis is not usually necessary to resolve Public Service Loan Forgiveness Questions. 1. 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