Student Loan Debt Relief Application

Date Published:

Apply today (but no later than Dec. 31, 2023) for student loan debt relief! To do so, please use the following link: https://studentaid.gov/debt-relief/application.

The Department of Education will determine your eligibility and will contact you if additional information is needed.  Your loan servicer will notify you when your relief has been processed.

What Is Federal Student Loan Debt Relief?

It’s a program that provides eligible borrowers with full or partial discharge of loans up to $20,000 to Federal Pell Grant recipients and up to $10,000 to non-Pell Grant recipients.

Who Qualifies?

  • Individuals who made less than $125,000 in 2021 or 2020
  • Families that made less than $250,000 in 2021 or 2020

Note: If you filed federal taxes, your income requirements are based on your adjusted gross income (AGI), which tends to be lower than your total income. Your AGI can be found on line 11 of the IRS Form 1040.

Which Loans Are Eligible

The following types of federal student loans disbursed (when you received your loan funds) on or before June 30, 2022, are eligible for relief:

  • 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) 

This means that subsidized loans, unsubsidized loans, parent PLUS loans, and graduate PLUS loans held by ED are eligible. Consolidation loans are also eligible for relief, as long as all of the underlying loans that were consolidated were ED-held loans and were disbursed on or before June 30, 2022.  Additionally, consolidation loans comprised of any FFEL or Perkins loans not held by ED are also eligible, as long as the borrower applied for consolidation before Sept. 29, 2022.

Note: Private loans (i.e., non-federal loans) are not eligible for debt relief.

For more information, please see the following page: https://studentaid.gov/manage-loans/forgiveness-cancellation/debt-relief-info.

Audiences:
Contact Person:
Scholarships and Student Aid