top of page
  • Greater Bergen Community Action

REDUCE YOUR STUDENT LOAN DEBT!

If you still owe money on your student loans, you may be eligible for the Biden-Harris Administration Student Debt Relief Plan and/or the Public Service Loan Forgiveness Program.


Biden-Harris Administration Student Debt Relief Plan

APPLICATION DEADLINE: December 31, 2023


This is a one-time debt relief provided by the U.S Department of Education as part of the Biden-Harris Administration student debt relief plan.


  • Up to $20,000 in debt relief if you received a Federal Pell Grant in college and meet the income requirements

  • Up to $10,000 in debt relief if you didn’t receive a Federal Pell Grant in college and meet the income requirements

  • Only applies to a loan balance you had before June 30, 2022

  • Loans that are eligible include: William D. Ford Federal Direct Loan(Direct Loan) Program Loans, Federal Family Education Loan(FFEL) Program loans held by ED or in default at a guaranty agency, Federal Perkins Loan Program loans held by ED, Defaulted loans(includes ED-held or commercially serviced Subsidized Stafford/Unsubsidized Stafford/parent PLUS/ graduate PLUS; and Perkins loans held by ED)

Qualifying Income

  • Did not file taxes – Made less than the required income to file federal taxes Single – Under $125,000

  • Married, filed your taxes separately – Under $125,000

  • Married, filed your taxes jointly – Under $250,000

  • Head of household – Under $250,000 Qualifying widow(er) – Under $250,000

To apply, go to studentaid.gov/debt-relief/application.


Public Service Loan Forgiveness (PSLF)

APPLICATION DEAD LINE: October 31, 2022


The PSLF Program forgives the remaining balance on your Direct Loans after you have made 120 qualifying monthly payments under a qualifying repayment plan while working full-time for a qualifying employer.


  • Must be employed by a U.S. federal, state, local, or tribal government or not-for-profit organization(federal services includes U.S military service)

  • Must work full-time for that agency or organization

  • Must have Direct Loans (or consolidate other federal student loans into a Direct Loan)

  • Repay your loans under an income-driven repayment plan

  • Made 120 qualifying payments

NOTE: Borrowers may receive credit for payments that previously did not qualify for PSLF or TEPSLF


To apply, go to https://studentaid.gov/sites/default/files/public-service-application-for-forgiveness.pdf



bottom of page