New Possibilities Ahead for Student Loan Forgiveness

In the meantime, your best bet is to take advantage of existing programs such as the Limited Waiver Opportunity for PSLF. If you have any questions about it, we’re always here to help you with your specific needs!

Who Ya Gonna Call? Lenders vs. Servicers

To make things easy, think of it like this: use the US Department of Education (also known as FSA) via studentaid.gov for news about student loans and to review your loan data. If you have questions about repayment or loan forgiveness, talk to your servicer—which, if you’re a PSLF candidate, is FedLoan Servicing!

PSLF Limited Waiver Opportunity

Making PSLF History for Physicians: The Limited Waiver Opportunity

Under the LWO, those in full-time non-profit work can qualify for PSLF regardless of the payment plan they have been on, and most types of federal loans now qualify. Physician borrowers just need to take steps to convert their old loans into a Direct Consolidation Loan and submit a PSLF form to their employer before the period ends in October. Physicians with fewer than 120 payments have an extra step. You will need to get on an income-driven repayment (IDR) plan for your remaining payments to qualify.