Will public service loan forgiveness be cut?
PSLF is almost certainly going to be repealed or modified in some way at some point. That change just won’t affect graduates or anyone currently pursuing the program. One proof point is the way the US reforms social safety net programs like Social Security.
How do I know if my employer qualifies for PSLF?
The specific job that you perform doesn’t matter, as long as you’re employed by a qualifying employer. For example, if you’re a full-time employee of a public school system, your employment would meet the requirements for PSLF, regardless of your position (teacher, administrator, support staff, etc.).
How do you contact Federal Student Aid?
Contact Federal Student Aid customer service. You can call Federal Student Aid at (800) 557-7394 toll free number, write an email, fill out a contact form on their website studentaid.ed.gov, or write a letter to FedLoan Servicing, P.O. Box 69184, Harrisburg, Pennsylvania, 17106-9184, United States.
What is the maximum amount of Federal Student Aid?
The total is made up of a maximum of $65,500 in subsidized loans and $73,000 in unsubsidized loans. Students may want to take out federal loans before taking out private loans. Federal loans usually come with benefits like fixed interest rates and income-driven repayment plans that aren’t typically available with private loans.
Which jobs qualify for Public Service Loan forgiveness?
– Borrowers must be employed by a U.S. – Borrowers must work full-time for that agency or organization. – Borrowers must have Direct Loans (or consolidate other federal student loans into a Direct Loan). – Borrowers must repay their loans under an income-driven repayment plan. – Borrowers must make 120 qualifying payments.
What is the Federal Student Aid phone number?
Federal Student Aid Contact Information. 800-433-3243. Federal Student Aid Information Center (FSAIC) Help Center. 800-433-3243. If a student who is enrolled at your school or who is planning to enroll at your school has provided you with his or her DRN number, you may call to inquire about the application data that is on file for that student.Federal Student Aid Information Center (FSAIC)