Dear John,

The time-limited changes to the Public Service Loan Forgiveness (PSLF) program by the U.S. Department of Education known as the "Limited PSLF Waiver" will expire on October 31, 2022. Under the waiver, non-profit and government employees that have federal student loans may now be eligible for loan forgiveness or additional credit.

You can learn more about the waiver here. In short, the waiver will allow borrowers to gain additional PSLF credit, even if they had been told previously that they had the wrong loan type or the wrong repayment plan:

• Borrowers may receive credits for past periods of repayment on federal student loans – even loans that would otherwise not qualify for PSLF (i.e., Federal Family Education Loans [FFEL], Federal Perkins Loans, Federally Insured Student Loans [FISL], National Defense Student Loans [NDSL], and other types of federal loans that are not Direct Loans) – as long as the borrower consolidates into a federal Direct Loan.

• Past periods of repayment will now count whether or not you made that payment on time, for the full amount due, or on a qualifying repayment plan. The Department of Education will even count certain periods of forbearance towards PSLF.

There’s no specific application for the waiver – you just need to submit a PSLF form and if you have non-Direct federal student loans, you’ll need to consolidate into a Direct Loan before October 31.

If you previously applied for PSLF and were denied because of your loan type, I encourage you to try again. If you previously applied for PSLF, I also encourage you to update your employment certification by completing a PSLF form.

Just a few minutes of your time may save you thousands of dollars on your student loans! Remember, you need to take the steps necessary to qualify for the Limited PSLF Waiver before October 31, 2022.

I encourage you to take advantage of the PSLF waiver TODAY!

For more information or if you need any assistance, please email [email protected] or call my office at (951) 222-0203.

Sincerely,