Your Path to Student Loan Freedom: Maximizing Your Forgiveness Options

Are you tired of dealing with student loan debt? The federal government is implementing several relief programs and many people don’t know about them. Use the resources below to learn more and make informed decisions.

Income Driven Repayment (IDR) Account Adjustment

Through the IDR Account Adjustment, federal student loan borrowers will get credit toward two key programs: Public Service Loan Forgiveness and IDR Forgiveness. Borrowers with commercially managed FFEL, Perkins, or HEAL loans must consolidate into Direct loans by December 31, 2023.

Learn more here.

Second Bite at the Apple

Did you know that many of the PSLF Waiver relaxed rules are still in effect? If you work in the non-profit or government sector, now is the time to apply for the Public Service Loan Forgiveness Program.

If you have Direct loans, and file the PSLF Employment Certification or if you have non-Direct loans (such as FFELP or Perkins) and consolidate them before December 31, 2023, you may be able to get credit for payments made under any repayment plan, even if those payments were late or not made in full. You will also get credit for certain types of deferments and forbearances, including the COVID Forbearance. But you must still meet the employment requirements of the program. You will NOT get credit for in-school deferments, grace periods, or time in default, even if you were working full-time for a qualifying employer.  Borrowers with non-Direct loans who need to consolidate should file the PSLF Employment Certification AFTER the consolidation is completed and the loans are with MOHELA! Learn more about these temporary rules through the IDR Adjustment and its impact on PSLF.

Free Webinars

Join one of our webinars. We’ll explain how to take advantage of federal programs like Public Service Loan Forgiveness and Income-Driven Repayment Forgiveness and show you what you need to do by December 31, 2023, to benefit from temporary changes to these programs. We’ll also discuss permanent changes coming this summer and give you tips on preparing for student loan payment resumption later this year.

  • Thursday, May 11, 2023 @12:00 p.m. Register.
  • Thursday, May 25, 2023 @ 7:00 p.m. Register. This webinar is for Parent Plus Loan borrowers.¬†
  • Friday, June 16, 2023 @12:00 p.m. Register.
  • Thursday, June 29, 2023 @ 7:00 p.m. Register.

Fresh Start: Getting Federal Student Loans Out of Default

If your federal student loans are in default, now is the time to get them back in good standing through an initiative called Fresh Start. This program will bring defaulted loans back into good standing and repair damage to credit.

Eligible borrowers will have one year from the end of the payment pause to initiate the Fresh Start process. During this period, involuntary collections will be suspended.

For more information, visit If you have questions about your specific case or need help, contact us (EDCAP–888-614-5004).