Where Do I Send My PSLF Employment Certification Form – A PSLF is used to report to Social Security Administration, or IRS, payments that you make to pay the costs of your pension and other benefits. It’s not hard to fill out and can save you time and money. This form includes several sections that include information about your employer and payments that count towards PSLF, recertifying employment, and payment details.
Payments that count toward PSLF
PSLF payments could comprise any type of payment. This includes federal student loans as well as repayment plans. You must have had at least 120 qualifying installments in the last ten-years to be qualified to participate in this program. You can set up automatic debit payments to ensure you make qualified payments.
PSLF was previously subject to certain payments and repayment plans. However the federal government has expanded its eligibility requirements by allowing late payments to be accepted as a condition of the program. PSLF allows more types of loans and repayment plans as a result of the changes. Jon Toppen from MEA UniServ leads trainings that help members qualify for PSLF.
Persons who were granted an economic hardship Deferment are also eligible to participate in the PSLF program. If these loans were granted prior to January 1st of 2013, the loans made from them will be counted towards PSLF. In the past, payments that were made through federal student loans that were part of the Federal Family Education Loan program weren’t qualified for PSLF.
Direct Parent Plus Loans are technically suitable to benefit from PSLF as long as the parent is employed in an employment with a qualifying position. Parental benefits are not available through PSLF can’t be obtained in the event that the Direct Parent Plus Loan can’t be converted to the Federal Direct Consolidation Loan.
Recertification of employment
If you want to be eligible to the PSLF loan forgiven program, it is important to prove your employment with the PSLF form. To be eligible for the program, borrowers have to be employed by a public interest employer, like an agency of government or a non-profit organization, for a minimum of 10 years. In addition the borrower must have made a minimum of 120 eligible loan payments during that time. MOHELA reviews the PSLF Form and informs the borrower of the amount of qualifying loan repayments they have made.
Every year, or whenever you change job and you are relocating, the PSLF form must also be submitted. This will confirm your eligibility to the program. The loan will automatically transfer to MOHELA, which is the agency that oversees the program. Once you have completed the application, you need to attach any supporting documents to prove that you are still employed.
You’ll need to fill out the PSLF employment certification form by providing personal information, such as your name and Social Security number. You are also asked to confirm any changes to the data by checking a box. Once you’ve completed the form you will be asked for a legal acknowledgement to ensure that the information provided is accurate. The PSLF Employment Certification Form must be signed and dated by you. The form will be addressed directly to the Department of Education.
If you’re employed by a government agency that meets the requirements or public service and are a member of the public service, the PSLF will allow you to recertify your employment status. Be aware that this form could impact your PSLF payments, late partial payments, and lump sum payments. No matter if you work in a public sector or private company, or any other kind of job, the PSLF application has to be completed before the deadline in order to be eligible for PSLF.
Download Where Do I Send My PSLF Employment Certification Form
Gallery of Where Do I Send My PSLF Employment Certification Form
