Pennsylvania Association for Middle Level Education


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Big change = big opportunity for you

November 12, 2021 12:16 PM | Anonymous

Act now to take advantage of the recent changes to Public Service Loan Forgiveness.

Long-time PAMLE corporate supporter and sponsor of the PA Schools to Watch program,  Horace Mann, wants to help ensure you’re aware of the recent changes to Public Service Loan Forgiveness.

On Oct. 6, 2021, the U.S. Department of Education announced a change to PSLF program rules for a limited time due to the COVID-19 national emergency. From now until Oct. 31, 2022, you may receive credit for past payments made on loans that would otherwise not qualify for PSLF.

What this means:

Any prior loan payments made while working full time for a qualifying employer (such as a public school) will count as a qualifying PSLF payment, regardless of loan type, repayment plan, or whether the payment was made in full or on time. Private loans and Parent PLUS loans do not qualify.

What next:

This opportunity is only available until Oct. 31, 2022 so act now to take advantage. Not sure where to start? Horace Mann’s Student Loan Solutions program can give you the resources, tools and guidance to help you navigate these changes all in one place.

Learn more or sign up for your complimentary account today!

Source: https://studentaid.gov/announcements-events/pslf-limited-waiver

 

 

 


The information provided here is for general informational purposes only and should not be considered a recommendation. Horace Mann’s Student Loan Solutions program includes services provided by an independent third party, Tuition.io. Horace Mann is an independent company not affiliated with the Department of Education or the federal government. Horace Mann does not negotiate, adjust or settle debts. No assistance provided by Horace Mann constitutes official action for purposes of student loan forgiveness programs or guaranteed results. Horace Mann’s Student Loan Solutions program terms are subject to change.

Horace Mann Service Corporation and certain of its affiliates (Horace Mann) enter into agreements with educational associations where Horace Mann pays the association to provide services aimed at familiarizing association members with the Horace Mann brand, products or services. For more information, email your inquiry to association.relations@horacemann.com.

EMX-00097 (Oct. 21)


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