Public Service Loan Forgiveness (PSLF)
Help simplify the PSLF process for your employees and HR teams.
Helping With PSLF Form Fulfillment
The PSLF form fulfillment feature on The Work Number® helps simplify the application process for your employees and HR teams by leveraging payroll data you provide for income and employment verifications.
Stay in Better Control With Configurable Options
- Set up and manage multiple Federal Employment Identification Numbers (FEIN)
- Assign “friendly names” to FEINs so employees can more easily identify which to select
- Upload a signature to help automate PSLF form completion. If personal data is altered by an employee, the signature is removed so your HR team can review changes for accuracy
Key Stats
1.3M
Borrowers eligible for PSLF have not received forgiveness
$64K
Is the average amount forgiven through the PSLF program
98%
Of those who applied for the PSLF were denied
Citations - Studentaid.gov
Frequently Asked Questions
The time-limited changes to the PSLF program is referred to as the limited PSLF waiver. This allowed borrowers to get credit for past periods of repayment that would not qualify. The limited PSLF waiver ended Oct. 31, 2022.
Qualifying employment for the PSLF program is based on your employer and the type of organization that qualifies for the program. Government organizations at any level, including U.S. military and Not-for-profit organizations that are tax-exempt under Section 501(c)(3) of the Internal Revenue Code are types of qualifying employment. Source
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