Federal Student Aid began accepting and reviewing applications from borrowers seeking loan forgiveness under the Public Service Loan Forgiveness (PSLF) Program in the fall of 2017. The PSLF Program, which was established under the College Cost Reduction and Access Act of 2007, permits Direct Loan borrowers who make 120 qualifying monthly payments under a qualifying repayment plan, while working full-time for a qualifying employer, to have the remainder of their balance forgiven.
Detailed requirements about how to qualify for forgiveness under this program are provided on the Public Service Loan Forgiveness page.
The report below provides a snapshot of the number of PSLF applications that borrowers have submitted, the status of those applications, and the resulting number of loan discharges processed. This report will be updated on a quarterly basis.
Note: Prior to the implementation of the PSLF Report, Federal Student Aid published a report detailing the number of Employment Certification Forms that borrowers had submitted to verify that their employment qualified for the PSLF Program. The Department introduced this voluntary form in January 2012 to help borrowers track their progress toward meeting PSLF requirements. That report can now be accessed on the third tab of the PSLF Report.