Public Service Loan Forgiveness Program to be overhauled for federal student loans

On Oct. 6, the United States Department of Education announced that it will make major changes to the Public Service Loan Forgiveness Program (PSLF) in the next few months. These changes are meant to make the PSLF process easier and to expand PSLF eligibility for all Federal Student Loans (some exceptions still apply).

Federal Student Loan borrowers may also receive credit for past payments made on loans that normally do not qualify for PSLF. This temporary waiver opportunity will expire Oct. 31, 2022.

Wichita State’s Office of Financial Aid has informational resources available for the PSLF program and the PSLF limited temporary waiver.

For more information about eligibility for the PSLF program, contact your loan servicer directly.