UPDATE: Loan Forgiveness Now Includes Pastors

There have been some changes to the Public Service Loan Forgiveness Qualifications. Please review the information below:

  1. Federal loan forgiveness for those in non-profits has been available for a while. Individuals would pay 10-15% of their income toward direct student loans for ten years, and then the rest is forgiven.
  2. Pastors etc. weren’t eligible for this loan forgiveness.
  3. Now pastors are eligible.
  4. The window for getting past payments forgiven (so you can actually get cash back), as well as getting on a payment plan going forward will close on October 31, 2022—this year.

For more details CLICK HERE



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