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The Education Department (ED) opened up a beta version of its student loan forgiveness application process.
As of September 29, 2022, borrowers with federal student loans not held by the Education Department are not eligible for debt relief by consolidating those loans into federal direct loans.
Financial aid is available from federal and state governments, educational institutions, and private organizations. It can be awarded in the form of grants, loans, work-study, and scholarships. In order to apply for federal financial aid, students must first complete the Free Application for Federal Student Aid ( FAFSA ).
The Free Application for Federal Student Aid ( FAFSA) is a form completed by current and prospective college students ( undergraduate and graduate) in the United States to determine their eligibility for student financial aid .
Federal Student Aid is also responsible for the development, distribution, and processing of the Free Application for Federal Student Aid (FAFSA), the fundamental qualifying form used for all federal student aid distribution programs, as well as for many state, regional, and private student aid programs.
Borrowers can find the paper application on the FSA Forms Library by clicking on "Loan Forgiveness and Discharge" and selecting "Federal Student Loan Debt Relief" to download the English or ...
Eligibility is determined from documentation provided on the free application for federal student aid, known as FAFSA.
What to do before the October 31 deadline? Go to the PSLF waiver page on the Federal Student Aid (FSA) website. Use the PSLF help tool to apply by October 31.
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