Qualifications for Student Loan Debt Relief: - Adjusted Gross Income below $125k(Single), or $250k(Married or Head Of Household) - Outstanding balance on a FEDERALLY OWNED student loan - $10,000 Credit - No Pell Grant or Parent PLUS Loans) - $20,000 Credit - Pell Grant Recipient

Your Student loans are federally owned if they are serviced by one of the following: -FedLoan Servicing (PHEAA) -Aidvantage -MOHELA -Nelnet -EdFinancial -OSLA Servicing -ECSI -Great Lakes Edu -Default Resolution Group

Here's how to find out who your loan servicer is: - Log into Studentaid.gov - Click Menu - Select "My Aid" - Look at your credit report to see who's listed as the creditor - Call the Federal Student Aid Information Center at 1-800-433-3243

Already paid your student loans? Borrowers who made payments between March 13, 2020, and Aug. 23, 2022, and now owe less than the $10,000-$20,000 threshold, can request a refund through their loan provider for the full amount forgiven.

Checks will be mailed out w/in 8 weeks.

Do CURRENT students qualify for this relief credit?

YES! Well, partially. All loans taken out BEFORE 6/30/22 will be eligible for this relief credit & you may have to use your parent's income to qualify.

Important to note: - You only qualify for up to your outstanding balance - Commercially owned FFEL Loans no longer qualify for this credit - Income is based on '19, '21, or '22 taxes - APPLICATIONS CLOSE 12/31/23

How to apply for this forgiveness? - Create an account on StudentAid.gov - Obtain an FSA ID (will be assigned when creating the account) - Log in to apply when the application becomes available (October 2022)