What is PSLF?

Career: Pslf

PSLF stands for Public Service Loan Forgiveness, a federal program in the United States that forgives the remaining balance on Direct Loans after the borrower has made 120 qualifying monthly payments under a qualifying repayment plan while working full-time for a qualifying public service employer. This program is designed to encourage individuals to enter and continue to work full-time in public service jobs. Eligible employers typically include government organizations and non-profit organizations. Borrowers must meet specific criteria and submit an application to receive forgiveness.