The Federal Student Loan Forgiveness Program provides forgiveness of Direct Student Loans to those persons employed in select public service jobs.

To qualify for forgiveness of your loan you must:

Have a Direct Federal Loan
Make a specific number of payments on your loan after signing up for loan forgiveness. 120 payments at this time.
Have continuing employment in the following job categories:

• Emergency management
• Government
• Military service
• Public safety
• Law enforcement
• Public health
• Public education (including early childhood education)
• Social work in a public child or family service agency
• Public child care
• Public service for individuals with disabilities
• Public interest law services (including prosecution or public defense or legal advocacy in low income communities at a nonprofit organization)
• Public service for the elderly
• Public library sciences
• School-based library sciences and other school-based services
• Certain tax-exempt organizations
• Faculty teaching in high-needs areas, as determined by the Secretary
• Full-time faculty member at a Tribal College or University

In general, only borrowers who are making reduced monthly payments through the Direct Loan income-contingent or income-based repayment plans will have a remaining balance after making 120 payments on a loan. In other words, only borrowers with a high debt-to-income ratio or consistently very low income will qualify for loan forgiveness under the Loan Forgiveness for Public Service Employees Program.

For more information visit http://studentaid.ed.gov