CFA members might be eligible for a recent overhaul of the Public Service Loan Forgiveness (PSLF) program.
Borrowers must apply for the program by October 31, so help CFA spread the news!
Student loan borrowers who work in public service – think educators like CFA members, social workers, and non-profit employees – will get more flexibility in recently announced changes to the popular federal program.
The program revamp will provide borrowers a retroactive waiver on previously disqualified loan payments and allow different repayment plans previously ruled ineligible.
To benefit from the temporary PLSF program changes, borrowers – including CFA members – who have not yet applied for PSLF must do so before October 31, 2022.
Enrollment in the program is not automatic – borrowers must opt in by the end of October.