The information below describes the Public Service Loan Forgiveness (PSLF) Program. It includes the eligibility requirements and the process for tracking your progress toward qualifying for PSLF. This information can also be found in the PSLF Fact Sheet and the Dear Borrower Letter, which can be downloaded and printed.
- What is the Public Service Loan Forgiveness Program?
- What must I do to have any remaining balances on my Direct Loans forgiven under the PSLF Program?
- What loans are eligible for forgiveness?
- What are on-time, full, scheduled, monthly payments?
- What is a qualifying repayment plan?
- What kinds of employment qualify?
- What is full-time employment?
- What does it mean that my 120 Direct Loan payments must be made while I am working full-time at certain public service organizations?
- How can I keep track of my eligibility?
- What should I do after I become eligible for PSLF?
On January 31, 2012, the U.S. Department of Education (ED) released an Employment Certification Package to help borrowers track their progress toward qualifying for PSLF. The PSLF Employment Certification Package includes:
- Dear Borrower Letter (updated March 2014)
- Instructions for Completing Employment Certification for Public Service Loan Forgiveness
- Employment Certification for Public Service Loan Forgiveness Form (available only in English)
PSLF Resources
- Fact Sheet (updated December 2013)
- Q&As (updated December 2013)
Source: Federal Student Aid, An Office of the US Department of Education
BOOOOOOOOOOOOOOOOST
For anyone who needs it
Caught on camera: Janet Napolitano calls anti-tuition-hike student protest ‘crap’
The first rule of broadcasting and politics is that the mic is always hot. Former Secretary of Homeland Security Janet Napolitano forgot that rule during a University of California regents meeting, calling a student protest against tuition hikes “crap.”
Napolitano, now the president of the UC system, was leading a Wednesday meeting of the Board of Regents at UC San Francisco. She was sitting next to Chairman Bruce Varner when the gathering was interrupted by students protesting potential tuition fee hikes and a new UC Berkeley campus in Richmond, California, KPIX reported.
At the meeting, which was being recorded, UC Berkeley junior Kristian Kim told the regents that students and Richmond residents were not to be exploited before taking off her shirt, saying it was all she had left, kicking off the protest, according to the San Jose Mercury News.
npr:
Last week, researchers released a survey that found students were more likely to say they had applied to a particular college if they knew they were going to get enough financial aid to cover their costs.
In short: When students think they can afford college, they’re more likely to go to college.
College: I’ll Only Go If I Know (That I Can Afford It)
Photo Credit: Elissa Nadworny/NPR
Chilé Is Doing Something Huge For Its Students That We Wish America Would Do | ATTN
Imagine if the US Congress agreed to make higher education tuition-free and funded it by increasing taxes on corporations. Pure fantasy, right? Well the government of Chilé is doing just that.
Chilean President Michelle Bachelet has made overhauling the nation’s education system a key goal of her administration.
“In March 2016 we will start with free higher education now that we have the resources,” said Rodrigo Peñailillo, Chilé’s Minister of Interior in early December following approval of a corporate tax hike that will generate $8.2 billion in new revenue.
First, a little background.
Chilé’s economy looks impressive on paper, boasting the third highest per capita GDPin Latin America, but Chilé also has the highest inequality in the 34-member Organization for Economic Cooperation and Development (OECD).
Nowhere is this disparity more apparent than in its schools.
From high school through college, Chilé’s education system is the most expensive in the world. This is a legacy of Chilean dictator Augusto Pinochet, whose reforms dismantled public education and replaced it with a market model that privatized many institutions.
As a result, students can not afford to graduate, and even those who attain degrees seldom earn enough to pay off their debt. Apart from a few elite, selective schools, outcomes are dismal. Chilé’s primary school system ranks 119th of 144 countries. Its higher-education system ranks 91st overall and 117th in math and science.
The reason families pay so much out of pocket is simple: Chilé’s schools receive the least public funding of any of the 34 OECD member nations, according to a report from 2011.
So how did things change?
Chilé’s new direction wasn’t conceived by politicians in government offices. It started with students in the streets. Demonstrations began in 2006 during the Penguin Revolution, so named because of the black and white uniforms worn by students declaring that “education is a human right.” Students achieved minor tangible victories, but their ultimate goal of free education remained elusive.
My school’s financial aid office is literally telling us to stop eating lunch so we can pay for our education.
im gonna set myself on fire
Source If you want more facts, follow Ultrafacts
Why can’t America be more like Europe? Oh, wait… unregulated capitalism. I forgot…




