Student Loan Forgiveness Application is LIVE!
Back in August the President Biden announced the government will forgive up to $10,000 in student loan debt for people making less than $125,000 a year or as much as $20,000 for eligible borrowers who were also Pell Grant recipients.
This applies to federally backed loans including undergraduate, graduate and parent PLUS loans. Privately funded loans are not eligible.
This is a beta version of the website and the application and the actual application will not be processed until the site formally opens, but you will not need to apply again. The date should be known by the end of October.
Apply for yours HERE
You can read all about the specifics in the link above or HERE at CNN.com
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