The Department of Education announced
a new process for federal student loan borrowers to be
reconsidered for loan forgiveness under a temporary expansion of the Public
Service Loan Forgiveness (PSLF) Program.
The Department of Education is calling this program the Temporary
Expanded PSLF (TEPSLF). This opportunity
is only available on a first-come, first-served basis until the $350 million
has been allocated or other criteria are met. The Department will reconsider
eligibility for the TEPSLF opportunity using an expanded list of qualifying
repayment plans, which includes the Graduated Repayment Plan, Extended
Repayment Plan, Consolidated Standard Repayment Plan, and Consolidated
Graduated Repayment Plan.