LOAN FORGIVENESS RESOURCES
• Loan forgiveness is available to borrowers in repayment making qualified payments on their Direct Loans under certain circumstances.
• If you have FFEL (Federally Guaranteed) Loans, you must consolidate into the Federal Direct Loan System before qualifying payments on them will begin the prescription period.
• People working in public service, 501(c)(3) agencies & most government positions, may have their loans forgiven after making 10 years of qualifying payments, 25 year for people in other types of positions.
• The new Income Based Repayment Plan, will become available on July 1, 2009, allowing qualifying borrows to pay a lower payment and still qualify for loan forgiveness.
• People working in public service, 501(c)(3) agencies & most government positions, may have their loans forgiven after making 10 years of qualifying payments, 25 year for people in other types of positions.
• The new Income Based Repayment Plan, will become available on July 1, 2009, allowing qualifying borrows to pay a lower payment and still qualify for loan forgiveness.
Student Debt Relief Webinar: June 24, 3:15 - 4:45pm
Learn more about the above topics & additional resources.
Sign up directly at:
http://www.equaljusticeworks.org/resources/student-debt-relief/student-debt-relief-webinar-series
http://www.equaljusticeworks.org/resources/student-debt-relief/student-debt-relief-webinar-series
