In most cases, the program only applies to Direct Loans

2022-04-04T09:05:38+00:00

In most cases, the program only applies to Direct Loans Government Not-for-profit section 501(c)(3) Not-for-profit that provides certain public services Other types of federal loans can be forgiven through the program if included in a Direct Consolidation Loan. Any PSLF payments made before consolidation do not count toward the requirement of 120 monthly payments. The PSLF Program sets strict policies for qualifying monthly payments. With the exception of AmeriCorps or Peace Corps volunteers, who, under the right circumstances, can make a lump-sum payment that counts as 12 qualifying monthly payments, you are generally only allowed to receive credit for one payment [...]