Public Service Loan Forgiveness (PSLF)

As of my last update in January 2022, Keiser University does not offer loan forgiveness programs directly. However, students who have federal student loans may be eligible for loan forgiveness through various federal programs, such as:

1. **Public Service Loan Forgiveness (PSLF):**
This program forgives the remaining balance on Direct Loans after the borrower has made 120 qualifying monthly payments while working full-time for a qualifying employer, such as a government organization or nonprofit.

2. **Teacher Loan Forgiveness:**
Teachers who work full-time for five consecutive years in low-income schools or educational service agencies may be eligible for loan forgiveness of up to $17,500 on certain federal student loans.

3. **Income-Driven Repayment (IDR) Plan Forgiveness:**
Borrowers on income-driven repayment plans, such as Income-Based Repayment (IBR), Pay As You Earn (PAYE), and Revised Pay As You Earn (REPAYE), may qualify for loan forgiveness on any remaining loan balance after 20 or 25 years of qualifying payments.

4. **Closed School Discharge:**
Borrowers who were unable to complete their program of study at Keiser University due to the school’s closure may be eligible for a discharge of their federal student loans.

5. **Borrower Defense to Repayment:**
Students who believe they were defrauded by their school or suffered financial harm as a result of the school’s actions may be eligible for loan forgiveness through the Borrower Defense to Repayment program.

It’s important to note that eligibility for these federal loan forgiveness programs varies based on individual circumstances and specific program requirements. Additionally, private student loans are generally not eligible for federal loan forgiveness programs.

If you have federal student loans and are considering loan forgiveness options, I recommend contacting your loan servicer or visiting the official Federal Student Aid website for detailed information on available forgiveness programs and eligibility requirements.

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