[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-306795-105":3,"detail-sidebar-cat-1-en-105":81,"doc-detail-306795-en":127},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","public-service-loan-forgiveness-pslf-questions-answers","Public Service Loan Forgiveness (PSLF) - Questions & Answers","","Public Service Loan Forgiveness (PSLF) Program Questions & Answers explain how borrowers can qualify for forgiveness under the William D. Ford Federal Direct Loan Program. The material summarizes general eligibility rules, including full-time employment with a public service organization and the requirement to make 120 qualifying monthly payments. It clarifies that forgiven amounts are not treated as taxable income, details which loan types are eligible via consolidation, and addresses interest-rate implications and treatment of defaulted, joint, and PLUS loans. Posted response dates are included for updates.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/letters/","Letters",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/public-service-loan-forgiveness-pslf-questions-answers/306795/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/public-service-loan-forgiveness-pslf-questions-answers/306795.png","ImageObject",442,249,{"name":42,"@type":43},"Theodore","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-07","2026-09-19",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",6,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What is the Public Service Loan Forgiveness (PSLF) Program?","Question",{"text":63,"@type":64},"PSLF encourages borrowers to work in full-time public service by forgiving the remaining balance on eligible William D. Ford Federal Direct Loan Program loans after 120 qualifying monthly payments made while employed full-time by a public service organization.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"Which borrowers qualify for PSLF based on employment and timing?",{"text":68,"@type":64},"Borrowers must be employed full-time by a public service organization when making each required 120 monthly payment and again at the time they apply for loan forgiveness after the final payment.",{"name":70,"@type":61,"acceptedAnswer":71},"Are PSLF-forgiven loan amounts considered taxable income?",{"text":72,"@type":64},"No. According to the IRS, student loan amounts forgiven under PSLF are not considered income for tax purposes.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},306795,1790488807,{"code":4,"msg":82,"data":83},"success",[84,89,94,99,104,109,114,118,123],{"id":85,"doc_module":22,"doc_module_name":25,"category_name":86,"show_sort_weight":87,"slug":88},11,"Presentations",90,"presentations",{"id":90,"doc_module":22,"doc_module_name":25,"category_name":91,"show_sort_weight":92,"slug":93},12,"Resumes",80,"resumes",{"id":95,"doc_module":22,"doc_module_name":25,"category_name":96,"show_sort_weight":97,"slug":98},14,"Invoices",70,"invoices",{"id":100,"doc_module":22,"doc_module_name":25,"category_name":101,"show_sort_weight":102,"slug":103},15,"Posters",60,"posters",{"id":105,"doc_module":22,"doc_module_name":25,"category_name":106,"show_sort_weight":107,"slug":108},16,"Social Media",50,"social-media",{"id":110,"doc_module":22,"doc_module_name":25,"category_name":111,"show_sort_weight":112,"slug":113},17,"Forms",40,"forms",{"id":115,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":116,"slug":117},18,30,"letters",{"id":119,"doc_module":22,"doc_module_name":25,"category_name":120,"show_sort_weight":121,"slug":122},21,"Paper Templates",5,"papers-templates",{"id":124,"doc_module":22,"doc_module_name":25,"category_name":125,"show_sort_weight":4,"slug":126},158,"General","general-158",{"code":4,"msg":82,"data":128},{"doc_id":79,"user_id":129,"nickname":42,"user_avatar":130,"doc_module":22,"category_id":115,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":136,"language":137,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":138,"faqs":139,"seo_title":140,"seo_description":12,"update_tm":141,"read_time":30},7971461740886,"https://ap-avatar.wpscdn.com/davatar_3d24733baf745e90a7e4bdd5f77d97b2","Prepared by Federal Student Aid  \nU.S. Department of Education  \nFebruary 3, 2010  \nThe Questions & Answers (Q&As) that follow provide information about the Public Service Loan Forgiveness (PSLF) Program that is available to most borrowers with loans made through the William D. Ford Federal Direct Loan Program (Direct Loan ProgramSM) . We have grouped the Q&As into four categories: General Information, Eligible Loans, Qualifying Payments, and Qualifying Employment. Following each answer is the date we posted that response. We will include a new date each time we add a question or when we update a previously posted response.  \nPublic Service Loan Forgiveness – General Information Q1 What is the Public Service Loan Forgiveness Program?  \nA1 The Public Service Loan Forgiveness (PSLF) Program was established to encourage individuals to enter and continue in full-time public service employment by forgiving the remaining balance of their William D. Ford Federal Direct Loan Program loans (Direct LoansSM) after the borrower has made 120 qualifying monthly payments (beginning anytime after October 1, 2007) while employed full-time by a public service organization. (February 3, 2010)  \nQ2 What are the borrower eligibility requirements for loan forgiveness under the PSLF Program?  \nA2 You must be employed full-time by a public service organization (see Q&A \\#26) when you made each of the required 120 monthly loan payments on your Direct Loan and at the time you apply for loan forgiveness, after making the last of those 120 payments. (February 3, 2010)  \nQ3 Are loan amounts forgiven under PSLF considered taxable income?  \nA3 No. According to the IRS, student loan amounts forgiven under PSLF are not considered income for tax purposes. (February 3, 2010)  \nQ4 Is income a factor in determining my eligibility for PSLF?  \nA4 Not directly, but you will not have any remaining balance to be forgiven after 120 payments  \nunless, at some point, your payments have been reduced through your use of the IncomeBased Repayment (IBR) Plan or the Income-Contingent Repayment (ICR) Plan (see Q&A\\#15) . (February 3, 2010)  \nPublic Service Loan Forgiveness – Eligible Loans  \nQ5 If I have student loans through the FFEL Program, the Perkins Loan Program, or private non-federal student loan programs, can I take advantage of PSLF?  \nA5 Although PSLF is available only for Direct Loans, borrowers with FFELSM or Perkins loans may qualify for PSLF by consolidating those loans into the Direct Loan Program. Payments made on the FFEL or Perkins loans before they were consolidated into the Direct Loan Program are not counted toward the required 120 monthly payments. Non-federal student loans are not eligible for either consolidation into the Direct Loan Program or for PSLF. For more information about consolidating into the Direct Loan Program, go to [www.loanconsolidation.ed.gov](www.loanconsolidation.ed.gov), or call 1-800-557-7392 . (February 3, 2010)  \nQ6 Will my interest rate change if I consolidate my FFEL or Perkins loans into the Direct Loan Program to take advantage of PSLF (see Q&A \\#5)?  \nA6 The interest rate on a Direct Consolidation Loan is a fixed rate that is based on a weighted average of the interest rates of the loans that you consolidate, rounded up to the next higher one-eighth of one percent. Because of this rounding up, the new fixed interest rate may be slightly higher. (February 3, 2010)  \nQ7 Are loans that are in default eligible for PSLF?  \nA7 No. However, a borrower with a defaulted loan may be eligible for PSLF by consolidating the defaulted loan (see Q&A \\#5) or by rehabilitating the defaulted loan. Rehabilitation includes the making of at least nine on-time payments on the defaulted loan. Specific information on the rehabilitation of a defaulted loan is available from the holder of the defaulted loan.(February 3, 2010)  \nQ8 Are joint Direct Consolidation Loans (consolidation loans made jointly to married borrowers) eligible for PSLF?  \nA8 Yes.","cbCaiegyfJVcYxZe","https://ap.wps.com/l/cbCaiegyfJVcYxZe","pdf",70623,8,"English","# Public Service Loan Forgiveness – General Information\n## Eligible Loans\n## Qualifying Payments\n## Qualifying Employment","[{\"question\":\"What is the Public Service Loan Forgiveness (PSLF) Program?\",\"answer\":\"PSLF encourages borrowers to work in full-time public service by forgiving the remaining balance on eligible William D. Ford Federal Direct Loan Program loans after 120 qualifying monthly payments made while employed full-time by a public service organization.\"},{\"question\":\"Which borrowers qualify for PSLF based on employment and timing?\",\"answer\":\"Borrowers must be employed full-time by a public service organization when making each required 120 monthly payment and again at the time they apply for loan forgiveness after the final payment.\"},{\"question\":\"Are PSLF-forgiven loan amounts considered taxable income?\",\"answer\":\"No. According to the IRS, student loan amounts forgiven under PSLF are not considered income for tax purposes.\"}]","Public Service Loan Forgiveness (PSLF) - Questions & Answers | PDF",1789841304]