Qualification depends on factors like your repayment plan, employment type (especially for PSLF), loan type, and payment history. Our calculator evaluates these key factors to determine your eligibility.
The Public Service Loan Forgiveness (PSLF) program forgives remaining federal student loan balances after 120 qualifying payments while working full-time for a qualifying government or nonprofit employer.
The SAVE Plan (Saving on a Valuable Education) is the newest income-driven repayment (IDR) plan that generally provides the lowest monthly payments and fastest path to forgiveness for eligible borrowers.
Federal student loans qualify for most forgiveness programs. Private student loans generally don't qualify for federal forgiveness programs, but some lenders offer their own relief options.