Employment Certification Forms

Student loan borrowers can earn Public Service Loan Forgiveness by making 120 of the right kind of payments, on the right kind of loans, while working in the right kind of job.  But they must also prove that they meet all the requirements of the program.

Repaye Program

A 2014 Executive Order by President Obama will further expand loan repayment options. The Repaye plan is based on the “pay as you earn” repayment program. 

The new version of the pay-as-you-earn program will be available to anyone with federal direct loans, regardless of when students receive the loans and what their debt-to-income ratio is. 

Monthly loan payments for Repaye participants will be capped at 10 percent of discretionary income. Any loan balance for law school loans remaining after 25 years of payments will be forgiven.

The U.S. Department of Education is expected to issue final rules for Repaye before November 1, 2015, and borrowers may be able to enroll before the end of 2015.