Do you have to work full time for public service loan forgiveness?

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You must work full-time to be eligible for PSLF. … IF YOU HAVE ONE JOB You have to meet your employer’s definition of “full-time” OR work at least 30 hours per week, whichever is greater.

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Also, does Kaiser qualify for PSLF?

Are Kaiser residents eligible for Public Service Loan Forgiveness? Yes. Residents are officially employed by the Kaiser Hospital Foundation, which is a 501c3. This means that payments made while in residency at Kaiser Permanente will count towards PSLF.

One may also ask, how do you check if employer qualifies for PSLF? Regardless of whom you work for, the best way to determine if your employer is eligible for PSLF is to submit an employer certification form. Borrowers who complete the employer certification form will receive a count of the number of qualifying payments they have made towards the required 120.

In this regard, how many hours a week is Public Service Loan Forgiveness?

30 hours per week

How much can be forgiven under PSLF?

Depending on the payment plan selected, your forgiveness with PSLF would be up to $24,150.

2 Related Question Answers Found

What is the max income for income based repayment?

Just as there is no absolute income limit in IBR, there is no absolute limit on how much you can have forgiven. You can have $200,000 forgiven if that’s what you end up with at the loan forgiveness point.

What type of loans qualify for PSLF?

Eligible Loans: Eligible loans include Federal Direct Stafford Loans (Subsidized and Unsubsidized), Federal Direct PLUS Loans, and Federal Direct Consolidation Loans. Borrowers in the Direct Loan program do not need to consolidate in order to qualify for loan forgiveness.

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