Loan forgiveness applies only to federal student debts. Some FFEL Loans may need consolidation to meet eligibility criteria. Ensure your eligibility for your chosen program.
Some programs are tailored to certain professions. Ensure that your position is appropriate.
Receiving forgiveness requires a minimum number of qualifying payments to be made. Make sure you are on an eligible repayment plan by keeping track of your payment history.
Keep up with the requirements and application process for the forgiveness program you have chosen. Knowing more could result in less debt, and knowledge is power.
Your eligibility may vary if your employment situation, income, or family size changes. To avoid any bumps in your route toward loan forgiveness, keep your loan servicer informed.