Student Loan Forgiveness 2024 Forms. The pslf program allows you to receive forgiveness of the remaining balance of your direct loans after you have made the equivalent of 120 qualifying monthly payments. You earn less than $125,000 a year or your household earns less than $250,000.
You can qualify for student loan forgiveness of your remaining balance after 20 or 25 years on an idr plan, as long as you’ve made your. “starting may 1, 2024, you can continue to submit your pslf forms, but they will be put on hold and not processed until july,” said the education department on.