CCRAA Public Service Loan Forgiveness and Higher Education Opportunity Act LRAPs
Public Service Loan Forgiveness...Loan Forgiveness Diane Perkins, Fidelity Investments January 2018...
Transcript of Public Service Loan Forgiveness...Loan Forgiveness Diane Perkins, Fidelity Investments January 2018...
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Public Service Loan Forgiveness Diane Perkins, Fidelity InvestmentsJanuary 2018
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Public Service Loan Forgiveness
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1 Federal Reserve Bank of New York, Consumer Credit Panel, 2015.2 National Center for Education Statistics 2011–2012.
Trillion1
Million Americans2
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Introducing Public Service Loan Forgiveness
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Payments
(That’s about 10 years if you’re counting.)
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Federal Budget
Tax Reform
Higher Education Reform
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eligible borrowers started the process
US GAO Report # 15-663, 2015
OCTOBER 2017
SUN MON TUE WED THU FRI SAT
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
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29 30 31
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Qualifications and Eligibility
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Public Schools
Government Agencies
Classified as a Nonprofit
MilitaryNonprofit Organizations
studentaid.ed.gov
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Work Full Time
Payments
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Federal Direct Loan
Perkins
FFEL
Stafford
PLUS
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Income-Driven Repayment Plan
10-year Standard Repayment Plan
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Three Things to Watch Out For
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Only Federal Loans Are Eligible
Qualifying Repayment Plan Is Required
Don’t Miss YourPayments
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Get the Ball Rolling
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fidelity.com/forgiveness go.fidelity.com/studentdebtstudentaid.gov
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fidelity.com/forgiveness
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This information is intended to be educational.
Public Service Loan Forgiveness is a Department of Education sponsored program and is therefore subject to changes made by that government entity. It is not guaranteed.
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