Full-time employees of DePaul may qualify for student loan forgiveness through the federal Public Service Loan Forgiveness program. Now through the end of October, a limited PSLF waiver is in place that allows borrowers to submit prior years of public service that may not have been credited.With the waiver ending on Oct. 31, 2022, don't delay in taking action to determine if you qualify so you have time to apply. To qualify for PSLF, you must:
- be employed by a U.S. federal, state, local, or tribal government or not-for-profit organization (federal service includes U.S. military service);
- work full-time for that agency or organization;
- have Direct Loans (or consolidate other federal student loans into a Direct Loan);
- repay your loans under an income-driven repayment plan*; and
- make 120 qualifying payments.
*This is the provision that will be waived through October 31, 2022, as part of the limited PSLF waiver.
To apply or find more information about this program, you will need to visit the U.S. Department of Education's Federal Student Aid website. It is recommended you start with the Federal Student Aid's PSLF Help Tool that provides individualized information about your eligibility for PSLF. For a comprehensive overview of this tool, watch the “PSLF Help Tool: Are you Eligible for Loan Forgiveness?" webinar. Please note, DePaul is unable to answer specific questions about your application or status.
If you do decide to apply, DePaul's HR Central team in Human Resources will provide certification of your full-time employment that is required to apply. For directions on how to submit your form for certification, visit the Human Resources website.