Time is Running Out to Take Advantage of Temporary Relief Under the Public Service Loan Forgiveness Program

­Nonprofit Employees and Employers:

­Time is Running Out to Take Advantage of Temporary Relief Under the Public Service Loan Forgiveness Program

As a nonprofit employee or employer, you are making a difference every day. That service to others may make you eligible for a limited-time program to have your federal loans fully forgiven. But nonprofit employees need to act before October 31 to take advantage of this temporary waiver.

Not to be confused with the recent debt forgiveness announcement, this temporary waiver means that, even if you were rejected for Public Service Loan Forgiveness (PSLF) previously or had made payments that someone said didn't qualify, you now may be much closer to having your loans fully forgiven.

Today, the National Council of Nonprofits is joining together with the U.S. Department of Education and hundreds of nonprofits across the country to make sure that nonprofit employees don't miss out on this opportunity. 

This limited waiver expires on October 31. Check your eligibility today!

Whether you are an employee or employer, we urge you to take these quick actions today:

Employees with federal student loan debt:

1.      Check your eligibility for the limited-time PSLF waiver at https://studentaid.gov/PSLF

2.      Tell as many other nonprofit workers as you can!

Nonprofit employers:

1.      Tell your employees - today - to check their eligibility for the limited-time PSLF waiver. We've created a sample email you can use to inform your employees.

2.      Be prepared to certify your employees' certification forms and have your organization's EIN handy.

3.      Spread the word to other nonprofit employers to tell their employees, too.

More Information:

·        Good News for Public Service Loan Forgiveness (PSLF) Borrowers by Tiffany Gourley Carter details steps to take depending on the type of federal loan you have.

·        Time to Celebrate and Act: The Amazing Student Loan Forgiveness Program We Have Right Now by Rich Leimsider, Director of PSLF.nyc Campaign, about how he had his student loans forgiven through this limited-time waiver.