APPLY NOW: New Opportunity for Federal Student Loan Forgiveness

The Biden-Harris administration has recently opened the application for a new one-time Federal Student Loan Debt Relief initiative where eligible borrowers can get a full or partial discharge of loans up to $20,000 for Pell grant recipients and up to $10,000 for recipients of Federal loans which did not include Pell grants. 

Who qualifies?

Borrowers who seek loan forgiveness must:  

  • Be seeking forgiveness for loans that were accrued before June 30, 2022. 
  • Be an individual earning less than $125,000 annually or file their taxes jointly in a household earning under $250,000 annually.
  • Be seeking forgiveness for FEDERAL loans. Private loans are not eligible for debt relief.  

When should you apply? 

Filling out the application is easy and takes about 5 minutes. You don’t need to log in or provide any documents. 

The application closes on December 31, 2023 

For more information visit: https://studentaid.gov/manage-loans/forgiveness-cancellation/debt-relief-info.

Apply Today