Heather Jarvis provides answers to Frequently Asked Questions covering:
– President Biden’s one-time debt cancelation
– PSLF Waiver ends October 31, 2022
– COVID-19 payment suspension, interest waiver, moratorium on collections ends December 31, 2022
– “Fresh Start” for loans in default
– Proposed new Income-Driven Repayment (IDR) plan
– Proposed new Public Service Loan Forgiveness (PSLF) rules
Important links mentioned:
https://studentaid.gov/debt-relief-announcement/
https://www.ed.gov/subscriptions
https://studentaid.gov/announcements-events/idr-account-adjustment
https://studentaid.gov/announcements-events/pslf-limited-waiver
https://studentaid.gov/feedback-center/
https://studentaid.gov/feedback-ombudsman/disputes/prepare
https://studentaid.gov/announcements-events/fedloan-stop-servicing-loans
https://forgivemystudentdebt.org/faq/
https://www.mohela.com/DL/ResourceCenter/PSLFServicerTransfer.aspx
https://protectborrowers.org/our-projects/pslf/
Watch her two previous webinars, Public Service Loan Forgiveness Expanded To Previously Ineligible Borrowers and Public Service Loan Forgiveness Q&A to get access to the recordings, slides, additional materials, and over 70 responses to the FAQs asked during the first live webinar.
Watch student loan expert & attorney Heather Jarvis for a dedicated Q&A session focused on:
– President Biden’s one-time debt cancelation
– PSLF Waiver ends October 31, 2022
– COVID-19 payment suspension, interest waiver, moratorium on collections ends December 31, 2022
– “Fresh Start” for loans in default
– Proposed new Income-Driven Repayment (IDR) plan
– Proposed new Public Service Loan Forgiveness (PSLF) rules
Download the materials for this webinar here.
Watch her previous webinar, Public Service Loan Forgiveness Expanded To Previously Ineligible Borrowers here and get access to the slides, additional materials, and over 70 responses to the FAQs asked during the live webinar.
Scores of experienced public service workers have been frustrated in their attempts to qualify for loan cancellation under Public Service Loan Forgiveness. They were told they had the “wrong kind” of loans or that payments they made “didn’t count” towards the 120 qualifying payments required to earn forgiveness. On Oct. 6, 2021, the U.S. Department of Education announced a Public Service Loan Forgiveness (PSLF) Limited Waiver Opportunity. For a limited time, restrictive requirements regarding loan type and repayment plan have been waived. Even if you were previously ineligible, you now may qualify for credit toward forgiveness for public service work done since 2007.
Hear from Heather Jarvis, attorney and student loan expert, for this briefing for borrowers and learn about:
* Expansion of eligible loan types
* Confirming whether your employment qualifies
* Determining whether you need to consolidate (or reconsolidate)
* Documenting your employment
* Planning for future rule changes
Answers to some of the questions asked in the webinar chat are available here.
Download the presentation slides and other materials.