The Public Service Loan Forgiveness program allows individuals to qualify for forgiveness of the remaining balance due on William D. Ford Federal Direct Loan (Direct Loan) Program loans after making 120 qualifying payments on those loans while employed full-time by certain public service employers — UAB/UAB Hospital are eligible employers. Any non-defaulted Direct Loan is eligible for loan forgiveness including the following:
- Direct Subsidized Loans
- Direct Unsubsidized Loans
- Direct PLUS Loans
- Direct Consolidation Loans
Other federal student loan programs may become eligible for PSLF if they are consolidated into a Direct Consolidation Loan, however, only payments made on the Direct Consolidation Loan will count toward the required 120 qualifying payments.
To be eligible as a borrower you:
- Must not be in default on the loans for which you are requesting forgiveness
- Must be employed full-time by a public service organization when making each of the required 120 qualifying loan payments, at the time you apply for loan forgiveness and at the time the remaining balance on your eligible loans is forgiven
If you are working toward PSLF, you should complete and submit the Employment Certification for Public Service Loan Forgiveness Form annually, or when you change employers. If you do not periodically submit the Employment Certification Form, then at the time you apply for forgiveness you will be required to submit an Employment Certification form for each employer where you worked while making the required 120 qualifying monthly payments.
To complete the employer section of the Employment Certification Form, UAB/UAB Hospital employees should deliver the form to the HR Service Center, Administration Building, Suite 160; the physical address is 701 20th Street South, 1st Floor, Suite 160.
Once the form is completed, with the employer’s certification, send the form to FedLoan Servicing, the U.S. Department of Education’s federal loan servicer for the PSLF program, by mailing to:
U.S. Department of Education
P.O. Box 69184
Harrisburg, PA 17106-9184
You may also fax your Employment Certification form to 717-720-1628.
For more detailed information — including how to monitor your progress toward qualifying for PSLF — visit the Federal Student Aid Office online.