How To Apply for the Public Service Loan Forgiveness (PSLF) Waiver
The Public Service Loan Forgiveness (PSLF) program currently supports thousands of NYC employees as they work to escape the burden of overwhelming student debt. The October 31st deadline for enrolling in the PSLF waiver is fast approaching.
Student loan borrowers are invited to an open house at the Business & Career Center at Brooklyn Public Library's Central Library. Drop in to start your applications online! Staff will be available to facilitate this online process, as well as a financial coach from the Financial Empowerment Center at Restoration Plaza
Student borrowers will go home having begun their online applications and will have taken the first steps toward having their loans forgiven!
What you will need: Your most recent W-2s from your employer(s) OR your employers Federal Employer Identification Number (EIN), and your Federal Student Aid (FSA) login information.
Note: The Public Service Loan Forgiveness (PSLF) waiver and the President’s Student Debt Relief Plan are different programs.
The time to apply for the PSLF waiver ends on October 31, 2022.
Can't attend? Start now!
Follow these steps:
Step 1: Visit StudentAid.gov/PSLF NOW!
Step 2: Login (or create an account and login)
Step 3: Run the PSLF Help Tool.
Step 4: Follow the government’s guidance from there.
Learn more about the waiver at PSLF.NYC
Additional Resources:
ForgiveMyStudentDebt.org offers a series of step-by-step waiver application process videos.
U.S. Department of Education has an overview and FAQ of the PSLF Waiver at studentaid.gov/announcements-events/pslf-limited-waiver
PSLF.nyc has upcoming webinars and online office hours; find out more at PSLF.nyc/get-support
The Education Debt Consumer Assistance Program (EDCAP) offers student loan help for anyone who lives or works in New York State. Call 888-614-5004 or email edcap@cssny.org.
NYC Financial Empowerment Centers provide financial counseling and coaching to anyone who lives or works in New York City. To make an appointment visit nyc.gov/TalkMoney or call 311 and say "Financial Counseling”
