What Types of Loans Qualify For PSLF?

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Private loans, FFEL Loans, Defaulted loans, and federal loans not listed do not qualify for PSLF.

Direct Subsidized / Unsubsidized

Direct Consolidated Loans

Direct PLUS

Direct Stafford Subsidized / Unsubsidized

Private loans, loans in default, and federal loans not listed do not qualify for PSLF.

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What if My Federal Loans Don’t Qualify?

There is a way to convert your federal loans into Direct Loans so that they can qualify under PSLF. The Direct Loan Consolidation program works by taking all of your federal student loans and consolidating them into one new Direct Consolidated Loan.

If you do not have Direct Loans but want to apply for Public Service Loan Forgiveness, you will need to consolidate your loans in this way.

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Making 120 Qualifying Payments

One of the biggest reasons PSLF forgiveness is left unutilized every year is because qualified applicants fail to make qualified payments.

One of the biggest reasons PSLF forgiveness is left unutilized every year is because qualified applicants fail to make qualified payments.

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To qualify you must make 120 qualified payments that meet the following payment requirements:

Payment was made after October 1, 2007;

Payment was made on time (no more than 15 days after the due date);

Payment was made in full (for the full amount shown on your bill). Payments that are made in a lump sum or in advance are not counted as qualifying payments;

Payment was made while you were employed full-time with a qualified employer; and

Payment was made under a qualifying repayment plan