Student loan forgiveness application: How to get your loan written off

Student Loan Forgiveness Application: How to get your loan written off

If you are one of the millions of students who have chosen to take out student loans to pay for their education, this information is of interest to you.

Some changes in U.S. legislation now represent opportunities for support that will benefit many of those students who maintain a debt because they have taken out student loans.

Thanks to new legislation, student loans are being written off after meeting certain qualifying criteria. This program is called Public Service Loan Forgiveness (PSLF) and we’ll outline exactly what this is and how to apply for it here.


What form do you fill out for student loan forgiveness?

The form to fill out it titled the ‘Public Service Loan Forgiveness (PSLF) & Temporary Expanded PSLF (TEPSLF) Certification & Application (PSLF Form)’ and it can be downloaded here on the US government’s website.

There are various different sections to fill out, while each person sending this form off must agree to the following conditions:

  • To qualify for forgiveness, I must have made 120 qualifying payments on my Direct Loans while employed full-time by a qualifying employer. Neither the 120 qualifying payments nor employment have to be consecutive.
  • To qualify for forgiveness, I must be employed full-time by a qualifying employer when I apply for and get forgiveness.
  • By submitting this form, my student loans held by the Department may be transferred to FedLoan Servicing.
  • If the Department determines that I appear to be eligible for forgiveness, the Department may contact my employer before granting forgiveness to ensure that I continue to work for the employer.
  • If I am eligible for forgiveness, the amount forgiven will be the principal and interest that was due on my eligible Direct Loans when I made my final qualifying payment. Any amount that I pay on those loans after I have made my final qualifying payment will be treated as an overpayment. I must continue to make payments on any of my other loans.
  • If I am not eligible for forgiveness, I will be notified of the determination, why it was made, and how many qualifying payments I have made towards PSLF and TEPSLF.

The key part here is that you can have your student loan written off once you make 120 qualifying monthly payments. In other words, you must have been paying off your loan for 10 years. It’s also necessary to be working for a qualifying employer at the time you hit this target and then submit the form.

It is recommend that you submit the PSLF form annually or whenever you switch employers, as this keeps your information up to date and makes it easier to compete the process when finalising your student loan forgiveness.
Once you complete the ‘Public Service Loan Forgiveness (PSLF) & Temporary Expanded PSLF (TEPSLF) Certification & Application (PSLF Form)’, you can post it to the US Department of Education, FedLoan Servicing, P.O. Box 69184, Harrisburg, PA 17106-9184.

There is also a fax number you can use, which is detailed on the form itself.

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About the Author: Femi Adeoya

Mr Femi Adeoya is a Chartered Forensic Accountant and a Certified Fraud Examiner. He has over 20 years professional work experience in accounting, finance and business management processes. As an Accounting Software Expert, he has implemented and supervised accounting solution set up of over 50 small and medium businesses in Nigeria. As a passionate blogger, Mr Adeoya is an ardent writer and communicationist. He is the CEO of QUICK LOAN ARENA (, the number 1 loan apps review website in Nigeria. He is very passionate about the quick and instant loan industry in Nigeria and has written over 200 reviews on different loan apps and digital banks in Nigeria, USA, Canada and UK.

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