OMG! My student loans have been forgiven!

[llmart]

40. Does your friend meet the qualifications?

The Public Service Loan Forgiveness program requires that an employee in a full-time public service job make ten years of payments before their loans can be forgiven. They should have a yearly form filled out and certified by that employer for record keeping purposes. After the ten years, then they can apply for loan forgiveness.

Full-time employment is defined by the public service employer. Some jobs may seem like full time to the employee, but to meet the definition of what the employer considers full time is the key. I managed the student loan forgiveness program at a university. Some of the teachers worked 36 hours a week and it seemed to them that it was full time, but the university's policy was that a teacher must work forty hours per week to be considered full time. Some of the adjuncts worked for two, public higher ed employers and if those two jobs added up to 40 hours then they would qualify.

Also, the employer must be a public service entity as described by the federal government.