Navient, NelNet and Great Lakes are servicers of federal figuratively speaking. Which means that your particular re payments to those servicers may count toward your re re payment responsibilities for PSLF or for forgiveness through income-driven payment.
But, you will need to ensure that the loans you’ve got with one of these providers would be the precise loans that qualify beneath the certain forgiveness system, and that you otherwise be eligible for forgiveness. For instance, for PSLF, just loans that are direct.
When your current loans don’t qualify, you can easily combine them right into a loan that is direct order to qualify for PSLF as well as other loan forgiveness programs under which Direct Loans qualify. But just payments made after consolidation shall count toward your re re payment responsibilities for forgiveness.
The very good news is that, as loan servicers, Navient, NelNet, and Great Lakes will allow you to can get on your path toward loan forgiveness. Make sure to call your servicer to get out which kind of loan you’ve got before relying on loan forgiveness.
May I have figuratively speaking forgiven if installment loans they’re in standard?
No, you truly must be current on your own loans to be eligible for PSLF. Continue reading « Could I get education loan forgiveness for my Navient, NelNet or Great Lakes loans? »