How long does it take for PSLF loan forgiveness to be approved? (2024)

How long does it take for PSLF loan forgiveness to be approved?

A final review of your account will be done to process forgiveness, which will take at least 90 business days. You are required to continue making payments while your form is being processed, unless your account is in a forbearance status.

How long does it take to find out if your PSLF is approved?

The PSLF application process can take a few months. It may take longer if you haven't been submitting regular PSLF Forms, or shorter. During the wait, you have the option of continuing to make payments or putting your loans into forbearance.

How long does it take for MOHELA to update PSLF?

To check your PSLF form processing status, please input the required information below. * Please keep in mind that it may take at least 60 business days for MOHELA to process these forms.

How do I make sure my PSLF is approved?

Therefore, we thought it would be helpful to provide a step-by-step guide for how to approach PSLF.
  1. Make Sure Your Loans Qualify. ...
  2. Make Sure Your Employment Qualifies. ...
  3. Enroll in an Income-Driven Repayment Plan. ...
  4. Meet Annual Requirements. ...
  5. Make 120 Monthly Payments.

How long does it take to hear back after applying for student loan forgiveness?

After the form is submitted, the Biden administration says it should take four to six weeks to process. The Education Department will use its existing records to make sure your loans are eligible and to look for applicants who might exceed the income limits.

What happens after my PSLF application is approved?

If your PSLF form is approved for forgiveness, then you'll be notified that the entire remaining balance of your eligible Direct Loans will be forgiven, including all outstanding interest and principal.

How do I know if my PSLF was denied?

If we determine that you are not eligible for loan forgiveness, you will be notified of this determination and will be provided with the reason(s) you were determined to be ineligible. You will then be required to resume making payments on your loans according to the terms of your Master Promissory Note.

Why is it taking so long for my PSLF to be approved?

According to, PSLF processing times depend on: Whether you previously submitted employment documentation for review versus submitting documentation all at once when you apply for loan forgiveness. The number of qualifying employers you've had. If you have gaps in your employment or payment history.

What is the average wait time for MOHELA?

MOHELA reported an average wait time of less than two minutes to connect with its customer service representatives via telephone in July 2023. Complaints referenced in the class-action lawsuit say wait times reached up to nine hours in 2022.

How do I know if my MOHELA loan will be forgiven?

If you work in certain public service jobs and have made 120 payments on your Direct Loans, you may be eligible to have your loans forgiven. If some or all of your payments were not made on a qualifying repayment plan for PSLF, you may be able to receive loan forgiveness under a temporary opportunity.

Does PSLF confirm employment?

The PSLF servicer will confirm that your employer is a qualifying employer based on the information provided on the PSLF form that you submit. In some cases, the PSLF servicer may require additional documentation about your qualifying employment.

How will I know if my student loan will be forgiven?

Your loans should automatically qualify for forgiveness after you've spent 20 or 25 years in repayment. Reach out to your loan servicer about any steps you may need to take.

How do I check if my student loan was forgiven?

Your student loan servicer(s) will notify you directly after your forgiveness is processed. Make sure to keep your contact information up to date on and with your servicer(s). If you haven't yet qualified for forgiveness, you'll be able to see your exact payment counts in the future.

What happens after you make 120 qualifying payments for PSLF?

The number of qualifying payments you have made will be updated only when you submit another PSLF form that documents a new period of qualifying employment. Once your cumulative total of qualifying payments reaches 120, the PSLF servicer will confirm your eligibility and forgive your remaining balance.

How much is forgiven with PSLF?

There is no limit to how much can be forgiven by PSLF. The program forgives the remaining balance of your federal student debt after 10 years of service and 120 payments to your federal student loans. We have seen NEA members receive on loans with balances of $20,000, $100,000, and even more.

What does it mean if my PSLF form is processed?

It means that your PSLF form has been reviewed by MOHELA and accepted. Next steps will be transferring your account and your application being sent to the department of education for waiver processing. These will both likely take a good amount of time.

Does PSLF forgive all loans?

What loans can be forgiven? Only Direct Loan Program loans that are not in default are eligible for PSLF and TEPSLF. Loans you received under the Federal Family Education Loan (FFEL) Program, the Federal Perkins Loan (Perkins Loan) Program, or any other student loan program are not eligible for PSLF.

Do you have to pay taxes on public service loan forgiveness?

Amounts forgiven through Public Service Loan Forgiveness and Teacher Loan Forgiveness, as well as the National Health Service Corps Loan Repayment Program and similar repayment programs, aren't taxable.

Does forbearance count towards PSLF?

Typically, months in forbearance and deferment do not count towards PSLF. However, months during the COVID-19 payment pause (March 2020-September 2023), months that qualify under the IDR Adjustment, and months where loans are being placed on administrative forbearance after the repayment restart will count toward PSLF.

Why do people get rejected for PSLF?

“Errors, even as minor as spelling mistakes, can cause rejections. For PSLF for example, borrowers must thoroughly fill out an Employer Certification Form (ECF) with all of their previous employers, their Federal Employer Identification Numbers, tax status, and other details.

What disqualifies you from PSLF?

Important: If your employer is a for-profit organization, a labor union, or a partisan political organization, it isn't an eligible PSLF employer regardless of the kinds of public services it might provide.

How often is PSLF denied?

According to recent audit by Government Accountability Office (GAO), the U.S. Department of Education (DOE) has denied 99% of the PSLF applications that came in over the past year. Why all the denials? A mix of reasons, including: Borrowers who are not actually eligible for PSLF.

How long does MOHELA take to process loans?

MOHELA can be your servicer! The entire process typically takes between four and six weeks from the date your application is received. Before completing a consolidation application, carefully consider the following information to determine whether loan consolidation is the best option for you.

How can I check my MOHELA status?

Manage Your Loans 24/7 - Visit your App Store to download the MOHELA Android or iOS Apps, where you can view account details and make payments to specific loans. Call 888.866. 4352 to get account information and make payments using the automated system. Log In to or

What is going on with MOHELA student loans?

MOHELA has announced that it will be transitioning to a new loan servicing platform in order to better serve borrowers with federal student loans. If you are a borrower who has loans currently serviced by MOHELA, your loans are not being transferred or sold.

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