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SPOTING & REPORTING SCAM. Don't Pay for Help to Find Money for College Try These Free Sources of Information Don't Pay for the FAFSASM

Don't Pay for the FAFSASM Several websites offer help filing the Free Application for Federal Student Aid (FAFSA) for a fee. These sites are not affiliated with or endorsed by the U.S. Department of Education. We urge you not to pay these sites for assistance that you can get for free elsewhere. The official FAFSA is at www.fafsa.gov,and you can get free help from · the financial aid office at your college

or the college(s) you're thinking about attending; · the

FA F S A ' s o n l i n e h e l p a t www.fafsa.gov; and

· the

Federal Student Aid Information Center.

If you are asked for your credit card information while filling out the FAFSA online, you are not at the official government site. Remember, the FAFSA site address has .gov in it!

Save Your Identity How Does Identity Theft Happen? Criminals access personal data such as names, Social Security numbers, and bank and credit card information. Using the stolen data, the criminal can illegally obtain credit cards, set up cellphone accounts, and more.

Reduce Your Risk When Applying for Aid · Apply for federal student aid by filling

out the FAFSA at www.fafsa.gov. · After

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completing the FAFSA online,

exit the application and close the browser; any cookies created during your session will be deleted automatically. · Don't

tell anyone your Federal Student Aid PIN, even if that person is helping you fill out the FAFSA.

· Review

your financial aid award documents and keep track of the amounts you applied for and received.

· Never

give personal information over the phone or Internet unless you made the contact. If you have questions about an offer of aid or about your student loan account, ask your college or contact the Federal Student Aid Information Center.

· We securely store your information on

the National Student Loan Data System. However, if you complete or even request a student loan application from a lender, you may be granting the lender permission to access your file. Before providing personal information to an organization, review its privacy policy. · Keep

receipts and documents (for example, credit applications or offers, checks and bank statements) with personal information in a safe place, and shred them when you are finished with them.

· Keep

your purse or wallet safe at all times; store it and other items containing personal information in a secure place at home, especially if you have roommates.

· Immediately

report all lost or stolen identification to the issuer (the credit card company or your state's

Department of Motor Vehicles) and to the police, if appropriate. Report Financial Aid Fraud Report Fraudulent Activity by a College Report Identity Theft If you suspect that your student information has been stolen, it is important to act quickly. These offices will help you determine what steps to take depending on your situation: · U.S. Department of Education Office of Inspector General Hotline · Federal Trade Commission · Social Security Administration · Equifax Credit Bureau · Experian Information Solutions · TransUnion Credit Bureau · A company charging for financial aid advice is not committing fraud unless it doesn't deliver what it promises.For more information about financial aid fraud or to report fraud, contact the Federal Trade Commission.

Glossary 1.

Federal Student Aid Programs The programs authorized under Title IV of the Higher Education Act of 1965 that provide grants, loans and work-study funds from the federal government to eligible students enrolled in college or ca...

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Grant

3. Financial aid, often based on financial need, that does not need to be repaid (unless, for example, you withdraw from school and owe a refund). 4.

Scholarship Money awarded to students based on academic or other achievements to help pay for education expenses. Scholarships generally do not have to be repaid.

Headquarters

5 Federal Student Loan

Ly n d o n B a i n e s J o h n s o n ( L B J ) Department of Education Building 400 Maryland Ave, SW Washington, DC 20202

6. Federal loans are borrowed funds that you must repay with interest. A federal student loan allows students and their parents to borrow money to help pay for college through loan programs supported by the federal government. They have low interest rates and offer flexible repayment terms, benefits, and options.

www2.ed.gov For general inquiries, and questions about the Department (ED) or education policy · 1-800-USA-LEARN (1-800-8725327) Federal Student Aid Information Center (1-800-433-3243) Defaulted Loans 1-800-621-3115 Loan Consolidation 1-800-557-7392

7. Private Student Loan 8. A private student loan is a nonfederal loan issued by a lender such as a bank or credit union. If you're not sure whether you're being offered a private loan or a federal loan, check with the financial aid office at your school. 9. Financial Aid Office

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The office at a college or career school that is responsible for preparing and communicating information on financial aid. This office helps students apply for and receive student loans, gran...

Department of Education that allows you to combine one or more federal student loans into one new loan. As a result of consolidation, you will only have to make one ...

11. A company that collects payments, responds to customer service inquiries, and performs other administrative tasks associated with maintaining a federal student loan on behalf of a lender.

13. A federal student loan, made through the William D. Ford Federal Direct Loan Program, for which eligible students and parents borrow directly from the U.S. Department of Education at participating ... 14. Federal Family Education Loan (FFEL) Program 15. Under this program, private lenders provided loans to students that were guaranteed by the federal government. These loans included Subsidized Federal Stafford Loans, Unsubsidized Federal Stafford ... 16. Delinquent 17. A loan is delinquent when loan payments are not received by the due dates. A loan remains delinquent until the borrower makes up the missed payment(s) through payment, deferment, or forbearance. If... 18. Direct Consolidation Loan 19. A federal loan made by the U.S.

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32. Grace Period

21. The process of combining one or more loans into a single new loan. 22. Principal

34. Loan Forgiveness

23. The total sum of money borrowed plus any interest that has been capitalized.

35. The cancellation of all or some portion of your remaining federal student loan balance. If your loan is forgiven, you are no longer responsible for repaying that remaining portion of the loan. ...

24. Cancellation 12. Direct Loan

student, a vet...

33. A period of time after borrowers graduate, leave school, or drop below half-time enrollment where they are not required to make payments on certain federal student loans. Some federal student ...

20. Consolidation 10. Loan Servicer

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25. The release of the borrower's obligation to repay all or a designated portion of principal and interest on a student loan. Also called discharge or forgiveness of a loan. 26. Default 27. Failure to repay a loan according to the terms agreed to in the promissory note. For most federal student loans, you will default if you have not made a payment in more than 270 days. You may ... 28. PLUS Loan 29. A loan available to graduate students and parents of dependent undergraduate students for which the borrower is fully responsible for paying the interest regardless of the loan status. 30. Dependent Student 31. A student who does not meet any of the criteria for an independent student. An independent student is one of the following: at least 24 years old, married, a graduate or professional

36. Federal Perkins Loan 37. A federal student loan, made by the recipient's school, for undergraduate and graduate students who demonstrate financial need. 38. Deferment 39. A postponement of payment on a loan that is allowed under certain conditions and during which interest does not accrue on Direct Subsidized Loans, Subsidized Federal Stafford Loans, and Federal Per...

Solutions, Inc. applicants. Examples of entitlements are the deferments available on federal student loans. If the borrower meets the qualifications for a deferment, the lender must grant the deferment.

Federal Student loan servicer A loan servicer will help you manage the repayment of your federal student loans. A loan servicer is a company that handles the billing and other services on your federal student loan. The loan servicer will work with you on repayment plans and loan consolidationand will assist you with other tasks related to your federal student loan. It is important to maintain contact with your loan servicer. If your circumstances change at any time during your repayment period, your loan servicer will be able to help. Do I select my loan servicer?

40. Forbearance 41. A period during which your monthly loan payments are temporarily suspended or reduced. Your lender may grant you forbearance if you are willing but unable to make loan payments due to certain typ... Entitlement 42. Something a qualifying individual has a right to receive. Entitlement programs award funds to all qualified

Whom do I contact to get information about my loan? Who is my loan servicer? Will ED ever transfer my federally held loans to a different servicer? Whom do I contact for information about my Federal Perkins Loan? Whom do I contact for information about my FFEL Program loan that isn't owned by ED?

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If your loan is for the current or upcoming school year, contact your school's financial aid office directly for information about · loan status, · loan cancellation within 120 days of disbursement, and · loan disbursement amounts and timing. Only your school's financial aid office can provide this information. If your loan was disbursed in a past school year and you're still in school, contact your loan servicer when you · change your name, address, or phone number; · graduate; · drop below half-time enrollment; · stop going to school; or · Transfer to another school.

· · · ·

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change your name, address, or phone number; need help making your loan payment; have a question about your bill; or have other questions about your student loan.

Who is my loan servicer? Visit My Federal Student Aidto view information about all of the federal student loans you have received and to find contact information for the loan servicer or lender for your loans. You will need your Federal Student Aid PIN to access your information. The following are loan servicers for federally held loans made through the William D. Ford Federal Direct Loan (Direct Loan) Program and the Federal Family Education Loan (FFEL) Program.

Loan Servicer

Aspire Resources Inc. CornerStone ESA/Edfinancial FedLoan Servicing (PHEAA) Granite State –GSMR Great Lakes Educational Loan Services, Inc. MOHELA Nelnet OSLA Servicing Sallie Mae VSAC Federal Loans

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Will ED ever transfer my federally held loans to a different servicer? Possibly. In some cases, ED needs to transfer loans from one servicer to another servicer on the federal loan servicer team. ED transfers loans as part of its efforts to ensure that all borrowers are provided with customer service and repayment support. If ED needs to transfer your federal student loans from your assigned servicer to another servicer, your loans will still be owned by ED. The “transfer” to another servicer on ED's federal loan servicer team simply means that a new servicer will provide the support you need to fully repay your loans. Here's what you should expect if your loan is transferred to a new servicer: ·

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If you're no longer in school, contact your loan servicer when you

Contact

1 -855 -475 -3335 1 -800 -663 -1662 1 -855 -337 -6884

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There will be no change in the terms of your loans.

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Your previous loan servicer and new loan servicer will work together to make sure that all payments you make during the transfer process are credited to your loan account with the new servicer.

1 -800 -236 -4300 -4352 -4722 -9762 -1300 -5626

You will receive a welcome letter from the new servicer after your loans are added to the new servicer's system. This notice will provide you with the contact information for the new servicer and inform you of actions that you may need to take. All of your loan information will be transferred from your assigned servicer to your new servicer.

1 -888 -556 -0022

-866 -486 -264 -722 -932

You may receive an e-mail or a letter from your assigned servicer when your loans are transferred to the new servicer.

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1 -800 -699 -2908

1 -888 1 -888 1 -866 1 -800 1 -888

Solutions, Inc. your new servicer. If you use a bank or bill paying service to make your loan payments, update the new servicer's contact information with the bank or bill paying service. ·

Follow the new servicer's instructions for creating an online account so that you can more easily communicate with the new servicer and keep track of your loan account.

Whom do I contact for information about my Federal Perkins Loan? If you have Federal Perkins Loans, here's whom to contact for repayment information: ·

Contact the school where you received your Federal Perkins Loan for details about repaying your loan. Your school may be the servicer for your loan.

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Contact the ECSI Federal Perkins Loan Servicer at 1-866-313-3797 if you know that your Federal Perkins Loan has been assigned to ED.

Whom do I contact for information about my FFEL Program loan that isn't owned by ED? If you have privately-owned FFEL Program loans, contact your lender for details about repayment options and tools for your FFEL Program loans that are not owned by ED.

After you receive the welcome letter from your new servicer, you should do the following: ·

Begin sending your loan payments to

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CONSOLIDATION OF LOANS Consolidating your federal education loans can simplify your payments, but it also can result in loss of some benefits. Learn about consolidation so you can weigh the pros and cons and decide whether a Direct Consolidation Loan is right for you. A Direct Consolidation Loan allows you to consolidate (combine) multiple federal education loans into one loan. The result is a single monthly payment instead of multiple payments. Federal Student Loan Consolidation If you have existing student loans, we can provide relief with our student loan consolidation program. This program to refinance student loans combines qualified monthly payments into one low payment. Also, instead of paying multiple interest rates for different loans, borrowers that qualify forstudent loan consolidation will be able to pay a fixed interest rate throughout the life of the loan. Parents may also qualify for the program depending on the given terms of the loan. Eligible Loans for a Federal Consolidation Loan

U n s u b s i d i z e d

L o a n s :

Process for Student Loan Consolidation - Unsubsidized and Nonsubsidized Federal Stafford Loans - Direct Unsubsidized Loans, including Direct Unsubsidized Loans (TEACH) (converted from TEACH Grants) - Unsubsidized Federal Consolidation Loans - Direct Unsubsidized Consolidation Loans - Federal PLUS Loans (for parents or for graduate and professional students) - Direct PLUS Loans (for parents or for graduate and professional students) - Direct PLUS Consolidation Loans - Federal Perkins Loans - National Direct Student Loans (NDSL) - National Defense Student Loans (NDSL) - Federal Supplemental Loans for Students (SLS) - Parent Loans for Undergraduate Students (PLUS) - Auxiliary Loans to Assist Students (ALAS) - Health Professions Student Loans (HPSL)

Those with one or more of the following loans are eligible for the Group's student loan consolidation program.

- Health Education Assistance Loans (HEAL)

Subsidized Loans:

- Nursing Student Loans (NSL)

- Subsidized Federal Stafford Loans

- Loans for Disadvantaged Students (LDS)

- Direct Subsidized Loans

Those not eligible include students who are currently enrolled in school for at least 50% of the time, those in garnishment or judgment status, and applicants who have previously consolidated (except for Federal Family Education Loans). Loans issued by private or state lenders and which are not guaranteed by

Subsidized Federal Consolidation Loans - Direct Subsidized Consolidation Loans - Federal Insured Student Loans (FISL) - Guaranteed Student Loans (GSL)

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the federal government are not eligible, nor are PLATO Loans, Law Access Loans, Primary Care Loans and Medical Assist Loans. After the first payment is made, our clients will sign and return their applications to Student Loan Forgiveness Group for review. Once their applications have been submitted for processing, we begin the new process of loan retrieval. The financial institution who becomes your consolidating lender will begin to contact the original loan lenders for information as to exact loan amounts owed, and this information is sent by way of a loan verification certificate, known in the industry as an LVC. The process will take up to sixty days, with the exact amount of time determined by the response time of the original lenders. As soon as payment is made to your previous lender, your loans have officially been consolidated! A new statement will be sent to you by your new lender, providing you with specifics as to your newly consolidated student loans. It may take a couple of weeks to close your former student loan accounts, so remember that there is no need for concern if you initially receive statements from both your old and new student loan lenders. For more information about how to refinance student loans, please feel free to contact us and one of our friendly and knowledgably representatives will gladly assist you. Should I consolidate my loans? What types of loans can be consolidated? When can I consolidate my loans? What are the requirements to consolidate a loan? What is the interest rate on a consolidation

Solutions, Inc. loan? When do I begin repayment? Are there different repayment plans? How do I apply for a Direct Consolidation Loan? There is no application fee to consolidate your federal education loans into a Direct Consolidation Loan. If you are contacted by someone offering to consolidate your loans for a fee, you are not dealing with one of the U.S. Department of Education's (ED's) consolidation servicers. To apply for a Direct Consolidation Loan, you must follow one of the processes outlined below. Should I consolidate my loans? Carefully consider whether loan consolidation is the best option for you. Loan consolidation can greatly simplify loan repayment by centralizing your loans to one bill and can lower monthly payments by giving you up to 30 years to repay your loans. You might also have access to alternative repayment plans you would not have had before, and you'll be able to switch your variable interest rate loans to a fixed interest rate. However, if you increase the length of your repayment period, you'll also make more payments and pay more in interest. Be sure to compare your current monthly payments to what monthly payments would be if you consolidated your loans. You also should consider the impact of losing any borrower benefits offered with the original loans. Borrower benefits from your original loan, which may include interest rate discounts, principal rebates, or some loan cancellation benefits,can significantly reduce the cost of repaying your loans. You might lose those benefits if you consolidate. If you want to lower your monthly payment amount but are concerned about the impact of loan consolidation, you can consider

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reevaluating your budget and income situation. You can also consider deferment or forbearanceas options for short-term payment relief needs. Once your loans are combined into a Direct Consolidation Loan, they cannot be removed. The loans that were consolidated are paid off and no longer exist. Private education loans are not eligible for consolidation. If you are in default, you must meet certain requirements before you can consolidate your loans. A PLUS loan made to the parent of a dependent student cannot be transferred to the student through consolidation. Therefore, a student who is applying for loan consolidation cannot include the PLUS loan the parent took out for the dependent student's education. A complete list of the federal student loans eligible for consolidation is available in the application. When can I consolidate my loans? Generally, you are eligible to consolidate after you graduate, leave school, or drop below half-time enrollment. What are the requirements to consolidate a loan?

o Income-Based Repayment Plan, o Pay As You Earn Repayment Plan, or o Income-Contingent Repayment Plan. · Generally, you cannot consolidate an existing consolidation loan again unless you include an additional Direct Loan or FFEL Program loan in the consolidation. However, under certain circumstances you may reconsolidate an existing FFEL Consolidation Loan without including any additional loans. There are no application fees for a Direct Consolidation Loan, and you may prepay your loan at any time without penalty. What is the interest rate on a consolidation loan? A Direct Consolidation Loan has a fixed interest rate for the life of the loan. The fixed rate is based on the weighted average of the interest rates on the loans being consolidated, rounded up to the nearest one-eighth of 1%. There is no cap on the interest rate of a Direct Consolidation Loan.

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COLLEGE SCHOLARSHIP OR GRANT

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rants and scholarships are often called “gift aid” because they are free money—financial aid that doesn't have to be repaid. Grants are often needbased, while scholarships are usually meritbased. Grants and scholarships can come from the federal government, your state government, your college or career school, or a private or nonprofit organization. Do your research, apply for any grants or scholarships you might be eligible for, and be sure to meet application deadlines! Amounts can change yearly. The maximum Federal Pell Grant award is $5,645 for the 2013–14 award year (July 1, 2013 to June 30, 2014). For the 2014–15 award year (July 1, 2014 to June 30, 2015), the maximum award will be $5,730. The amount you get, though, will depend on · your financial need, · your cost of attendance, · your status as a full-time or part-time student, and · your plans to attend school for a full academic year or less.

Here are some tips on qualifying for a Direct Consolidation Loan:

You may not receive Federal Pell Grant funds from more than one school at a time.

· You must have at least one Direct Loan or FFEL Program loan that is in a grace period or in repayment.

Effective on July 1, 2012, you can receive the Federal Pell Grant for no more than 12 semesters or the equivalent (roughly six years). You'll receive a notice if you're getting close to your limit. If you have any questions, contact your financial aid office.

· If you want to consolidate a defaulted loan, you must either make satisfactory repayment arrangements on the loan with your current loan servicer before you consolidate, or you must agree to repay your new Direct Consolidation Loan under the

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If you're eligible for a Federal Pell Grant, you'll receive the full amount you qualify for—each school participating in the program receives enough funds each year from the U.S. Department of Education to pay the Federal Pell Grant amounts for all its eligible students. The amount of any other student aid

for which you might qualify does not affect the amount of your Federal Pell Grant. I heard I might get a larger Federal Pell Grant if my parent died in Iraq or Afghanistan. Is that right? It depends. If your parent or guardian was a member of the U.S. armed forces and died as a result of military service performed in Iraq or Afghanistan after the events of 9/11, you may be eligible for additional Federal Pell Grant funds if, at the time of your parent's or guardian's death, you were · less than 24 years of age or · enrolled in college or career school at least part-time. If you meet these requirements and are eligible to receive a Federal Pell Grant, your eligibility will be calculated as if your Expected Family Contribution (EFC) were zero. Payments are adjusted if you are enrolled less than full-time. If you meet those requirements but aren't eligible to receive a Federal Pell Grant due to your EFC being too high, you might be able to get an Iraq and Afghanistan Service Grant. FSEOG Federal Supplemental Educational Opportunity Grants (FSEOG) To get an FSEOG, you must fill out the Free Application for Federal Student Aid SM (FAFSA )so your college can determine how much financial need you have. Students who will receive Federal Pell Grantsand have the most financial need will receive FSEOGs first. The FSEOG does not need to be repaid. The FSEOG program is administered directly

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by the financial aid office at each participating school and is therefore called “campus-based” aid. Not all schools participate. Check with your school's financial aid office to find out if the school offers the FSEOG. How much money can I get? You can receive between $100 and $4,000 a year, depending on your financial need, when you apply, the amount of other aid you get, and the availability of funds at your school. Each participating school receives a certain amount of FSEOG funds each year from the U.S. Department of Education's office of Federal Student Aid. Once the full amount of the school's FSEOG funds has been awarded to students, no more FSEOG awards can be made for that year. This system works differently from the Federal Pell Grant Program, which provides funds to every eligible student. So, make sure you apply for federal student aid as early as you can. Each school sets its own deadlines for campus-based funds. You can find a school's deadline on its website or by asking someone in its financial aid office. How will I be paid? If you're eligible, your school will credit your student account, pay you directly, or combine these methods. Your school must disburse (pay out) funds at least once per term (semester, trimester, or quarter). Schools that do not use semesters, trimesters, or quarters must disburse funds at least twice per academic year. TEACH Teacher Education Assistance for College and Higher Education (TEACH) Grant

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A Teacher Education Assistance for College and Higher Education (TEACH) Grant is different from other federal student grants because it requires you to take certain kinds of classes in order to get the grant, and then do a certain kind of job to keep the grant from turning into a loan. Learn how the automatic federal budget cuts, known as the “sequester,” will affect the TEACH Grant Program. What is a TEACH Grant? Who can get a TEACH Grant? What is a TEACH-Grant-eligible program? What is a TEACH Grant Agreement to Serve? What are the terms and conditions of the TEACH Grant service obligation? What are high-need fields? How can I identify schools or educational service agencies that serve low-income students? Can a TEACH Grant service obligation ever be suspended or canceled? If I'm interested in receiving a TEACH Grant, where can I get more information? What is a TEACH Grant? The TEACH Grant Program provides grants of up to $4,000 a year to students who are completing or plan to complete course work needed to begin a career in teaching. As a condition for receiving a TEACH Grant, you must sign a TEACH Grant Agreement to Serve in which you agree to (among other requirements) teach ·

in a high-need field

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at an elementary school, secondary school, or educational service agency that serves students from low-income families for at least four complete academic years within eight years after completing (or ceasing enrollment in)

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the course of study for which you received the grant. IMPORTANT: If you do not complete your service obligation, all TEACH Grant funds you received will be converted to a Direct Unsubsidized Loan. You must then repay this loan to the U.S. Department of Education, with interest charged from the date the TEACH Grant was disbursed (paid to you or on your behalf). Who can get a TEACH Grant? To receive a TEACH Grant, you must: · Meet the basic eligibility criteria for the federal student aid programs. · Complete the Free Application for Federal Student Aid (FAFSASM). · Be enrolled as an undergraduate, post baccalaureate, or graduate student at a school that participates in the TEACH Grant Program. · Be enrolled in a TEACH-Granteligible program. · Meet certain academic achievement requirements (generally, scoring above the 75th percentile on one or more portions of a college admissions test or maintaining a cumulative GPA of at least 3.25). For specific information about the academic requirements, talk to the financial aid office at your college or career school. · Receive TEACH Grant counseling that explains the terms and conditions of the TEACH Grant service obligation. You must complete counseling each year that you receive a TEACH Grant. · Sign a TEACH Grant Agreement to Serve. What is a TEACH-Grant-eligible program? A TEACH-Grant-eligible program is a program of study that is designed to prepare you to teach as a highly qualified teacher in a

Solutions, Inc. high-need field and that leads to a bachelor's or master's degree, or is a postbaccalaureate program. A two-year program that is acceptable for full credit toward a bachelor's degree is considered a program that leads to a bachelor's degree. A postbaccalaureate program is not TEACH-Grant-eligible if it is offered by a school that also offers a bachelor's degree in education. Schools that participate in the TEACH Grant Program determine which of the programs they offer are TEACH-Grant-eligible. A program that is TEACH-Grant-eligible at one school might not be TEACH-Grant-eligible at another school. Contact the financial aid office at the school you are attending (or that you plan to attend) to find out which programs at that school are eligible. What are high-need fields? High-need fields are: · bilingual education and English language acquisition, · foreign language, · mathematics, · reading specialist, · science, and · special education, as well as · Any other field that has been identified as high-need by the federal government, a state government, or a local education agency, and that is included in the annual Teacher Shortage Area Nationwide Listing (Nationwide List). If you plan to teach in a high-need field that is included in the Nationwide List, that field must be listed for the state where you teach either at the time you begin your qualifying teaching service or at the time you received a TEACH Grant. What is a TEACH Grant Agreement to Serve? Each year that you receive a TEACH Grant, you must sign an Agreement to Serve on the

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TEACH Grant website. The agreement explains the terms and conditions for receiving a TEACH Grant. By signing the Agreement to Serve, you agree to these terms and conditions and acknowledge that if you do not fulfill the service obligation described in the agreement, the TEACH Grant funds you received will be converted to a loan that you must repay. What are the terms and conditions of the TEACH Grant service obligation? In exchange for receiving a TEACH Grant, you must agree to the following: · You must serve as a full-time teacher for a total of at least four academic years within eight years after you complete or otherwise cease to be enrolled in the program(s) for which you received TEACH Grant funds. · You must perform the teaching service as a highly qualified teacher at a lowincome school or educational service agency. · Your teaching service must be in a high-need field. · Yo u m u s t p r o v i d e t h e U . S . Department of Education with documentation of your progress toward completing your service obligation. · If you do not meet the requirements of your service obligation, all TEACH Grant funds you received will be converted to a Direct Unsubsidized Loan. You must repay this loan in full, with interest charged from the date of each TEACH Grant disbursement. Although you agree to a service obligation for each TEACH-Grant-eligible program, your teaching service may apply to more than one service obligation. For instance, if you received a TEACH Grant for your undergraduate program and then for your graduate program, you would have two service obligations, but your four years of

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teaching would fulfill both service obligations at once. How can I identify schools or educational service agencies that serve low-income students? Elementary and secondary schools (public and private) and educational service agencies serving low-income students are listed in the annual Teacher Cancellation Low-Income Directory. In addition, elementary or secondary schools operated by the Department of the Interior's Bureau of Indian Education (BIE) or operated on Indian reservations by Indian tribal groups under contract or grant with the BIE qualify as low-income schools. Can a TEACH Grant service obligation ever be suspended or canceled? You may request a temporary suspension of the eight-year period for completing your TEACH Grant service obligation based on the following situations: · Your enrollment in a TEACH-Granteligible program or your enrollment in a program that a state requires you to complete in order to receive a certification or license to teach in that state's elementary or secondary schools. For example, if you received a TEACH Grant for an undergraduate program and you later enroll in a graduate program for which you would be eligible to receive a TEACH Grant, you could receive a suspension of the eight-year period for completing your service obligation for the undergraduate program while you are enrolled in the graduate program. · A condition that is a qualifying reason for leave under the Family and Medical Leave Act. · A call or order to active duty status for more than 30 days as a member of the armed forces reserves, or service as a member of the National Guard on full-

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time National Guard duty under a call to active service in connection with a war, military operation, or national emergency. Suspensions are granted in one-year increments, not to exceed a combined total of three years for the first two conditions listed above, or a total of three years for the third condition. If you receive a suspension, the eight-year period for completing your service obligation is put “on hold” during the suspension period. For example, if you receive a one-year suspension after two years of the eight-year period for completing your service obligation have elapsed, you would have six years left to complete your service obligation when the one-year suspension period ends. Your TEACH Grant service obligation may be canceled (discharged) if you die or if you become totally and permanently disabled. You may also receive a discharge of some or all of your four-year teaching requirement if you are called or ordered to qualifying military active duty for a period that exceeds three years. If I'm interested in receiving a TEACH Grant, where can I get more information? Contact the financial aid office at the school where you will be enrolled to find out whether the school participates in the TEACH Grant Program and to learn about the programs of study at the school that are TEACH-Grant-eligible. You also might want to browse theTEACH Grant Frequently Asked Questions. Iraq and Afghanistan Service Grants Like other federal grants, Iraq and Afghanistan Service Grants provide money to college or career school students to help pay their education expenses. However, Iraq and Afghanistan Service Grants have special eligibility criteria. Learn how the automatic federal budget

Solutions, Inc. cuts, known as the “sequester,” will affect the Iraq and Afghanistan Service Grant Program. Who can get an Iraq and Afghanistan Service Grant? How much money can I get? How will I get paid? Who can get an Iraq and Afghanistan Service Grant? You may be eligible to receive the Iraq and Afghanistan Service Grant if · you are not eligible for a Federal Pell Grant on the basis of your Expected Family Contribution but · meet the remaining Federal Pell Grant eligibility requirements, and · your parent or guardian was a member of the U.S. armed forces and died as a result of military service performed in Iraq or Afghanistan after the events of 9/11, and · you were under 24 years old or enrolled in college at least part-time at the time of your parent's or guardian's death. · How much money can I get? The grant award is equal to the amount of a maximum Federal Pell Grant for the award year but cannot exceed your cost of attendance for that award year. The maximum Federal Pell Grant award is $5,645 for the 2013–14 award year (July 1, 2013 to June 30, 2014). Due to sequestration, award amounts for any Iraq and Afghanistan Service Grant that is first disbursed after March 1, 2013 must be reduced by 10.0 percent from the award amount for which a recipient would otherwise have been entitled. For example the 2013–14 maximum award of $5,645 is reduced by $564.50, resulting in a maximum award of $5,080.50.

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TYPES OF LOANS.

Compare all of the federal student loan programs.

FEDERAL STUDENT LOANS

How much money can I borrow in federal student loans?

Y

ou must repay your loan, so be sure you understand your options and responsibilities Federal student loans for college or career school are an investment in your future. .If you apply for financial aid, you may be offered loans as part of your school's financial aid offer. A loan is money you borrow and must pay back with interest. If you decide to take out a loan, make sure you understand who is making the loan and the terms and conditions of the loan. Student loans can come from the federal government or from private sources such as a bank or financial institution. Loans made by the federal government, called federal student loans, usually offer borrowers lower interest rates and have more flexible repayment options than loans from banks or other private sources. Learn more about the differences between federal and private student loans. What types of federal student loans are available? How much money can I borrow in federal student loans? Why should I take out federal student loans? What should I consider when taking out federal student loans? How do I get a federal student loan? What types of federal student loans are available? The U.S. Department of Education has two federal student loan programs: · The William D. Ford Federal Direct Loan (Direct Loan) Program is the

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largest federal student loan program. Under this program, the U.S. Department of Education is your lender. There are four types of Direct Loans available: o Direct Subsidized Loans are loans made to eligible undergraduate students who demonstrate financial need to help cover the costs of higher education at a college or career school. o Direct Unsubsidized Loans are loans made to eligible undergraduate, graduate, and professional students, but in this case, the student does not have to demonstrate financial need to be eligible for the loan. o Direct PLUS Loans are loans made to graduate or professional students and parents of dependent undergraduate students to help pay for education expenses not covered by other financial aid. o Direct Consolidation Loans allow you to combine all of your eligible federal student loans into a single loan with a single loan servicer. · The Federal Perkins Loan Program is a school-based loan program for undergraduates and graduate students with exceptional financial need. Under this program, the school is lender.

· If you are an undergraduate student: o Up to $5,500 per year in Perkins Loans depending on your financial need, the amount of other aid you receive, and the availability of funds at your college or career school. o $5,500 to $12,500 per year in Direct Subsidized Loans and Direct Unsubsidized Loans depending on certain factors, including your year in college. · If you are a graduate student: o Up to $8,000 each year in Perkins Loans depending on your financial need, the amount of other aid you receive, and the availability of funds at your college or career school. o Up to $20,500 each year in Direct Unsubsidized Loans. o The remainder of your college costs not covered by other financial aid in Direct PLUS Loans. Note: A credit check is required for a PLUS loan. · If you are a parent of a dependent undergraduate student: o The remainder of your child's college costs that are n o t c o v e re d b y o t h e r financial aid. Note: A credit check is required for a

Solutions, Inc. parent loan (called a PLUS loan). Public Service Loan Forgiveness Program Through the College Cost Reduction and Access Act of 2007, Congress created the Public Service Loan Forgiveness Program to encourage individuals to enter and continue to work full-time in public service jobs. Under this program, borrowers may qualify for forgiveness of the remaining balance due on their eligible federal student loans after they have made 120 payments on those loans under certain repayment plans while employed full time by certain public service employers. Since borrowers must make 120 monthly payments on their eligible federal student loans beginning after October 1, 2007 before they qualify for the loan forgiveness, the first cancellations of loan balances will not be granted until October 2017. The borrower must be employed full time (in any position) by a public service organization, or must be serving in a full-time AmeriCorps or Peace Corps position. For purposes of the Public Service Loan Forgiveness Program, the term "public service organization" means -· A federal, state, local, or Tribal government organization, agency, or entity (includes most public schools, colleges and universities); · A public child or family service agency; · A non-profit organization under section 501(c)(3) of the Internal Revenue Code that is exempt from taxation under section 501(a) of the Internal Revenue Code (includes most not-for-profit private schools, colleges, and universities); · A Tribal college or university; or · A private organization that is not a for-

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profit business, a labor union, a partisan political organization, or an organization engaged in religious activities (unless the qualifying activities are unrelated to religious instruction, worship services, or any form of proselytizing) and that provides the following public services -o Emergency management;

1. Early childhood educators. 2. Nurses. 3. Foreign language specialists. 4. Librarians. 5. Certain highly qualified teachers. 6. Child welfare workers. 7. Speech-language pathologists and audiologists.

o Public safety;

8. P u b l i c s a f e t y , e m e r g e n c y management, public health and public interest legal services workers.

o Law enforcement;

9. Nutritional professionals.

o Public interest law services;

10. Medical specialists.

o Early childhood education (including licensed or regulated health care, Head Start, and state-funded prekindergarten);

11. Mental health professionals.

o Military service;

o Public service for individuals with disabilities and the elderly; o Public health (including nurses, nurse practioners, nurses in a clinical setting, and full-time professionals engaged in health care practioner occupations and health care support occupations); o Public education;

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TYPES OF LOAN POSTPONEMENT. Under certain circumstances, you can receive a deferment or forbearance that allows you to temporarily postpone or reduce your federal student loan payments. Postponing or reducing your payments may help you avoid default. You'll need to work with your loan servicer to apply for deferment or forbearance; and be sure to keep making payments on your loan until the deferment or forbearance is in place. Deferment What is deferment?

What happens to my loan during deferment? Am I eligible for a loan deferment? How do I request a deferment? Forbearance What is forbearance? How do I request a forbearance? What happens to the interest on my loan during forbearance? Am I eligible for a loan deferment? The following table provides situations that may make you eligible for a deferment of your federal student loan.

12. Dentists. 13. Those working in applied sciences, t e c h n o l o g y, e n g i n e e r i n g a n d mathematics. 14. Physical therapists. 15. Superintendents, principals and other school administrators. 16. Occupational therapists. 17. The measure also includes a loan repayment program for nonprofit legal services attorneys who agree to serve in those roles for at least three years.

Situations When You May Apply for Deferment

Deferment Available? (and for how long, if applicable) Direct Perkins FFEL loans Loans Loans Yes Yes Yes

During a period of at least half-time enrollment in college or career school During a period of study in an approved graduate fellowship program or in an approved rehabilitation training program for the disabled Yes During a period of unemployment or inability to find Yes (for up full-time employment to 3 years) During a period of economic hardship (includes Peace Yes (for up Corps service) to 3 years) During a period of service qualifying for Perkins Loan No discharge/cancellation During a period of active duty military service during a Yes war, military operation, or national emergency During the 13 months following the conclusion of qualifying active duty military service, or until you return to enrollment on at least a half-time basis, whichever is earlier, if

Yes Yes Yes (for up Yes (for up to to 3 years) 3 years) Yes (for up Yes (for up to to 3 years) 3 years) No Yes Yes

Yes

Yes

Yes

o Public library services; and o School library or other schoolbased services. The measure also expands loan forgiveness to occupations in areas of high national need. Subject to annual appropriations, eligible borrowers could qualify for up to $10,000 in loan forgiveness over up to five years if they work in the following occupations:

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? you

are a member of the National Guard or other reserve component of the U.S. armed forces and ? you were called or ordered to active duty while enrolled at least half-time at an eligible school or within six months of having been enrolled at least half-time

Yes

If you are a Direct Loan or FFEL Program borrower who has a loan that was first disbursed (paid to you or on your behalf) before July 1, 1993, you may be eligible for additional deferments for such situations as teaching in a teacher shortage area, public service, being a working mother, parental leave, or temporary disability. For more information, contact your loan servicer.

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FEDERAL STUDENT LOAN FORGIVEN, CANCELED, OR DISCHARGED. denied?

I

n certain situations, you can have your federal student loan forgiven, canceled, or discharged.

Common Questions I was very young when I borrowed this money. Do I still have to repay? I signed the Master Promissory Note but I didn't attend class. Do I still have to pay? I'm a parent that took a PLUS Loan to help pay for my child's education. Can my loan ever be forgiven, canceled, or discharged?

Find out whether you qualify due to your job, disability, the closure of your school, or other circumstances. Forgiveness, cancellation, and discharge of your loan means that you are no longer expected to repay your loan.

When can my federal student loans be forgiven, canceled, or discharged?

When can my federal student loans be forgiven, canceled, or discharged? How do I find out if I qualify and how do I apply to have my loan forgiven, canceled, or discharged?

You must repay your loans even if you don't complete your education, can't find a job related to your program of study, or are unhappy with the education you paid for with your loan. However, certain circumstances might lead to your loans being forgiven, canceled, or discharged.

Do I need to make payments while my discharge application is being reviewed? What happens if my loan discharge is approved?

The list below is a quick view of the types of forgiveness, cancellation, and discharge.

What happens if my loan discharge is

Federal Family Education Loan (FFEL) Program Loans

Perkins Loans

X

X

X

X

X

X

X

X

X

X

X

X

X

X X X

X X

Type of Forgiveness, Cancellation, or Direct Loans Discharge Total and Permanent Disability Discharge Death Discharge Discharge in Bankruptcy (in rare cases) Closed School Discharge False Certification of Student Eligibility or Unauthorized Payment Discharge Unpaid Refund Discharge Teacher Loan Forgiveness Public Service Loan Forgiveness Perkins Loan Cancellation and Discharge (includes Teacher Cancellation)

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Looking for information about the Civil Legal Assistance Attorney Student Loan Repayment Program (CLAARP)? The CLAARP application process is closed.

scheduled disability review will be within five to seven years from the date of your most recent SSA disability determination.

To view charts of discharges by loan type as well as discharge applications, go to Forgiveness, Cancellation, and Discharge Charts.

3. You can submit certification from a physician that you are totally and permanently disabled. Your physician must certify that you are unable to engage in any substantial gainful activity by reason of a medically determinable physical or mental impairment that

Total and Permanent Disability (TPD) Discharge A TPD discharge relieves you from having to repay a William D. Ford Federal Direct Loan (Direct Loan) Program loan, Federal Family Education Loan (FFEL) Program loan, and/or Federal Perkins Loan (Perkins Loan) Program loan or complete a TEACH Grantservice obligation on the basis of your total and permanent disability. Before your federal student loans or TEACH Grant service obligation can be discharged, you must provide information to the U.S. Department of Education (ED) to show that you are totally and permanently disabled. ED will evaluate the information and determine if you qualify for a TPD discharge. You can show that you are totally and permanently disabled in oneof the following three ways: 1. If you are a veteran, you can submit documentation from the U.S. Department of Veterans Affairs (VA) showing that the VA has determined that you are unemployable due to a serviceconnected disability. 2. If you are receiving Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI) benefits, you can submit a Social Security Administration (SSA) notice of award for SSDI or SSI benefits stating that your next

· Can be expected to result in death, · Has lasted for a continuous period of not less than 60 months, or · Can be expected to last for a continuous period of not less than 60 months. For more information, go to Total and Permanent Disability Discharge. Death Discharge If you, the borrower, die, then your federal student loans will be discharged. If you are a parent PLUS loan borrower, then the loan may be discharged if you die, or if the student on whose behalf you obtained the loan dies. The loan will be discharged if a family member or other representative provides a certified copy of the death certificate to the school (for a Federal Perkins Loan) or to the loan servicer (for a Direct Loan or FFEL Program loan). For more information, contact your loan servicer. Discharge in Bankruptcy This is not an automatic process—you must prove to the bankruptcy court that repaying your student loan would cause undue hardship. If you file Chapter 7 or Chapter 13 bankruptcy, you may have your loan discharged in bankruptcy only if the

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bankruptcy court finds that repayment would impose undue hardship on you and your dependents. This must be decided in an adversary proceeding in bankruptcy court. Your creditors may be present to challenge the request. The court uses this three-part test to determine hardship: · If you are forced to repay the loan, you would not be able to maintain a minimal standard of living. · There is evidence that this hardship will continue for a significant portion of the loan repayment period. · You made good-faith efforts to repay the loan before filing bankruptcy (usually this means you have been in repayment for a minimum of five years). Your loan will not be discharged if you are unable to satisfy any one of the three requirements. If your loan is discharged, you will not have to repay any portion of your loan, and all collection activity will stop. You also will regain eligibilityfor federal student aid if you had previously lost it. Closed School Discharge You may be eligible for discharge of your Direct Loans and FFEL Program loans under either of these circumstances: · Your school closes while you're enrolled, and you do not complete your program because of the closure. Any federal student loan obtained to pay your cost of attendance at that school could be discharged. If you were on an approved leave of absence, you are considered to have been enrolled at

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the school. · Your school closes within 90 days after you withdraw. You are not eligible for discharge of your Direct Loans or FFEL Program loans if your school closes and any of the following is true: · You withdraw more than 90 days before the school closes. · You are completing a comparable educational program at another school. If you complete such a program at another school after your loan is discharged, you might have to pay back the amount of the discharge. · You have completed all the coursework for the program, but you have not received a diploma or certificate. To receive a closed school discharge application, contact your loan servicer. For answers to questions about your closed school, call the appropriate person on the list of Closed School Customer Service Contacts. You might need your academic records if you plan to attend another school and want to have your coursework at the closed school taken into consideration. So it will be important for you to obtain your academic and financial aid records if your school closes. Contact the state licensing agency in the state in which the school was located to ask whether the state made arrangements to keep the records. The records might also be useful in substantiating your claim for a loan discharge.

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False Certification of Student Eligibility or Unauthorized Payment Discharge You may be eligible for a discharge of your Direct Loan or FFEL Program loan in these circumstances: · Your school falsely certified your eligibility to receive the loan based on your ability to benefit from its training, and you did not meet the ability to benefit student eligibility requirements. · The school signed your name on the application or promissory note without your authorization or the school endorsed your loan check or signed your authorization for electronic funds transfer without your knowledge, unless the proceeds of the loan were delivered to you or applied to charges owed by you to the school. · Your loan was falsely certified because you were a victim of identity theft. · The school certified your eligibility, but because of a physical or mental condition, age, criminal record, or other reason you are disqualified from employment in the occupation in which you were being trained.

Solutions, Inc. appropriate. Check with the school to see how refund policies apply to federal aid at the school. Only the amount of the unpaid refund will be discharged. You may qualify for this partial discharge whether the school is closed or open. Contact your loan servicer for more information.

Teacher Loan Forgiveness If you are a teacher and also a new borrower (i.e., you did not have an outstanding balance on a Direct Loan or FFEL Program loan on Oct. 1, 1998, or on the date you obtained a Direct Loan or FFEL Program loan after Oct. 1, 1998) and have been teaching full-time in a low-income elementary or secondary school or educational service agency for five consecutive years, you may be able to have as much as $17,500 of your subsidized or unsubsidized loans forgiven. Your PLUS loans cannot be included. For more information, go to Te acher Loan Forgiveness.If you have a Federal Perkins Loan, see Perkins Loan Cancellation for teacher cancellation in that loan program.

Unpaid Refund Discharge You may be eligible for a discharge of your Direct Loan or FFEL Program loan if you withdrew from school, but the school didn't pay a refund that it owed to the U.S. Department of Education or to the lender, as

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FORGIVENESS OPTIONS

School does not make required return of loan funds to the lender

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Up to the amount that the school For loans received on or after Jan. 1, was required to return. 1986.

Not all federal student loans have the same forgiveness, cancellation, or discharge options.

? For Direct Subsidized and

Discharge provisions differ depending on whether you have a Direct Loan, a FFEL Program loan, or a Federal Perkins Loan.

Unsubsidized Loan and Subsidized and Unsubsidized Federal Stafford Loan borrowers with no outstanding balance on a Direct Loan or FFEL Program loan on Oct. 1, 1998, or who have no outstanding balance on a Direct Loan or FFEL Program loan on the date they received a loan after Oct. 1, 1998. ? PLUS loans are not eligible. ? To learn more about the eligibility requirements for teacher loan forgiveness and to find out whether your school or educational service agency where you teach is considered to serve lowincome students, go to Teacher Loan Forgiveness.

The following charts provide an overview of the provisions and links to discharge applications. Direct Loan and FFEL Program Loan Forgiveness, Cancellation, and Discharge Summary Chart Federal Perkins Loan Cancellation and Discharge Summary Chart To apply for loan forgiveness, cancellation, or discharge, contact your loan servicer. Direct Loan and FFEL Program Loan Forgiveness, Cancellation, and Discharge Summary Chart

Discharge Condition

Amount Discharged

Notes

If you are a parent PLUS loan borrower, then the loan may be Borrower's total and permanent disability or 100 percent discharged if you die, or if the death student on whose behalf you obtained the loan dies. Cancellation is possible only if the bankruptcy court rules that Bankruptcy (in rare cases) 100 percent repayment poses an undue hardship to the borrower. Closed school (for borrowers who could not complete their program because the school For loans received on or after Jan. 1, closed while they were enrolled or borrowers 100 percent 1986. who withdrew not more than 90 days before the school closed) False loan certification (school falsely certified a borrower's eligibility to receive a For loans received on or after Jan. 1, loan) 100 percent 1986. False certification by reason of identity theft (loan was made as a result of the crime of 100 percent Effective July 1, 2006. identity theft, as determined by a court)

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Up to $5,000 (up to $17,500 for elementary/secondary special education teachers and secondary Full-time teacher for five math and science teachers) of the total loan amount outstanding consecutive years in a designated elementary or after completion of the fifth year of teaching. secondary school or educational service agency serving students from low-income Under the Direct and FFEL families. Must meet Consolidation Loan programs, additional eligibility only the portion of the requirements. consolidation loan used to repay eligible Direct Loans or FFEL Program loans qualifies for loan forgiveness.

Loan forgiveness for public service employees 100 percent of the remaining outstanding balance on an eligible Direct Loan. (Direct Loan Program only)

For a borrower who is not in default and who makes 120 monthly payments on the loan after Oct. 1, 2007, under certain repayment plans, while the borrower is employed fulltime in a public service job. You may not apply for forgiveness until after you have made all of the required 120 qualifying monthly payments.

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Loan Discharge Applications

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· Total and Permanent Disability

Full-time attorney employed in a federal public or community defender organization (for service that includes August 14, 2008, or began on or after that date) Full-time employee of a public or nonprofit child- or family-services agency providing services to high-risk children and their families from low-income communities

· School Closure

Full-time staff member in the education component of a Head Start program

· False Certification of Ability to Benefit

Full-time staff member in a prekindergarten or child care program that is licensed or Up to 100 regulated by a state (for service that includes August 14, 2008, or began on or after percent that date) Full-time qualified professional provider of early intervention services for the Up to 100 disabled percent Full-time speech pathologist with a master's degree working in a Title I-eligible Up to 100 elementary or secondary school (for service that includes August 14, 2008, or began percent on or after that date) Full-time special education teacher of children with disabilities in a public or other Up to 100 nonprofit elementary or secondary school percent Full-time teacher of math, science, foreign languages, bilingual education, or other Up to 100 fields designated as teacher shortage areas percent Full-time special education teacher of children with disabilities in an educational Up to 100 service agency (for service that includes August 14, 2008, or began on or after that percent date) Full-time teacher in a designated educational service agency serving students from Up to 100 low-income families (for teaching service that includes August 14, 2008, or began on percent or after that date) Full-time faculty member at a tribal college or university (for service that includes Up to 100 August 14, 2008, or began on or after that date) percent

The following is a list of loan discharge applications. If you have a Direct Loan or FFEL Program loan and you're ready to apply for forgiveness, cancellation, or discharge, you must contact your loan servicer.

· Unauthorized Signature/Unauthorized Payment · False Certification (Identity Theft) · False Certification (Disqualifying Status) · Unpaid Refund · Teacher Loan Forgiveness Federal Perkins Loan Cancellation and Discharge Summary Chart This chart includes a list of cancellation provisions for Federal Perkins Loans. If you have a Federal Perkins Loan, you must apply to the school that made the loan or to the loan servicer the school has designated. If you have any questions on Perkins Loan cancellation, contact the school or loan servicer. Cancellation Conditions Amount Forgiven Borrower's total and permanent disability or death 100 percent Bankruptcy (in rare cases—cancellation is possible only if the bankruptcy court rules that repayment would cause undue 100 percent hardship) Closed school (before student could complete program of 100 percent study); applies to loans received on or after Jan. 1, 1986 Up to 50 percent for borrowers whose active duty service ended before Aug. 14, 2008 Service in the U.S. armed forces in a hostile fire or imminent danger pay area Up to 100 percent for borrowers whose active duty service includes or began on or after Aug. 14, 2008 Full-time firefighter (for service that includes August 14, 2008 Up to 100 percent or began on or after that date) Full-time law enforcement or corrections officer Up to 100 percent Full-time nurse or medical technician Up to 100 percent VISTA or Peace Corps volunteer Up to 70 percent Librarian with a master's degree working in a Title I-eligible elementary or secondary school or in a public library serving Up to 100 percent Title I-eligible schools (for service that includes August 14, 2008, or began on or after that date)

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Up to 100 percent Up to 100 percent Up to 100 percent

Note: As of Oct. 7, 1998, all Perkins Loan borrowers are eligible for all cancellation benefits regardless of when the loan was made or the terms of the borrower's promissory note. However, this benefit is not retroactive to services performed before Oct. 7, 1998.

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Federal Perkins Loan The Federal Perkins Loan Program provides money for college or career school for students with financial need. Check with your school's financial aid office to see if your school participates in the Federal Perkins Loan Program. Loans made through the Federal Perkins Loan Program, often called Perkins Loans, are low-interest federal student loans for undergraduate and graduate students with exceptional financial need. Here's a quick overview of Federal Perkins Loans: · Available to undergraduate, graduate, and professional students with exceptional financial need. · Interest rate for this loan is 5%. · Not all schools participate in the Federal Perkins Loan Program. You should check with your school's financial aid office to see if your school participates. · Your school is the lender; you will make your payments to the school that made your loan or your school's loan servicer. · Funds depend on your financial need and the availability of funds at your college. Am I eligible for a Perkins Loan? How much can I borrow? Other than interest, is there a charge for a Perkins Loan? How will I receive my loan? Can I cancel a loan? When do I have to pay back my Perkins Loan? Am I eligible for a Perkins Loan?

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You may be eligible for a Perkins Loan if you are · an undergraduate, graduate, or professional student with exceptional financial need; · enrolled full-time or part-time; and · attending a school that participates in the Federal Perkins Loan Program.

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Yes. Before your loan money is disbursed, you may cancel all or part of your loan at any time by notifying your school. After your loan is disbursed, you may cancel all or part of the loan within certain time frames. Your promissory note and additional information you receive from your school will explain the procedures and time frames for canceling your loan.

How much can I borrow?

When do I have to pay back my Perkins Loan?

The amount you can borrow depends on your financial need, the amount of other aid you receive, and the availability of funds at your college or career school. You should apply for federal student aid early to make sure you are considered for a Perkins Loan. Due to limited funds, not everyone who qualifies for a Perkins Loan will receive one.

If you are attending school at least half-time, you have nine months after you graduate,leave school, or drop below halftime status before you must begin repayment. If you are attending less than half-time, check with your college or career school to find out how long your grace period will be.

If you are an undergraduate student, you may be eligible to receive up to $5,500 a year. The total you can borrow as an undergraduate is $27,500. If you are a graduate or professional student, you may be eligible to receive up to $8,000 per year. The total you can borrow as a graduate student is $60,000, which includes amounts borrowed as an undergraduate. Other than interest, is there a charge for a Perkins Loan? No, there are no other charges. However, if you skip a payment, if your payment is late, or if you make less than a full payment, you might have to pay a late charge plus any collection costs. How will I receive my loan? The school will apply your loan funds to your school account to pay for tuition, fees, room and board, and other school charges. If any loan funds remain, your school will issue you a refund to help pay for your other education expenses. Can I cancel a loan?

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Public Service Loan Forgiveness Program Questions and Answers (Q&As) for Federal Student Loan Borrowers

T

he following questions and answers (Q&As) provide federal student loan borrowers information about the Public Service Loan Forgiveness (PSLF) Program that is available to borrowers who have federal student loans made through the William D. Ford Federal Direct Loan (Direct Loan) Program. We have grouped the Q&As into six categories: General Information, Eligible Loans, Qualifying Payments, Qualifying Repayment Plans, Qualifying Employment, and Receiving the Benefit. Public Service Loan Forgiveness隆XGeneral Information Q1 What is the Public Service Loan Forgiveness (PSLF) Program? A1

Q2

A2

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The PSLF Program was established to encourage individuals to enter and c o n t i n u e i n f u l l time public service employment by forgiving the remaining balance of their Direct Loans after they have made 120 qualifying payments after October 1, 2007, (see Q13) under certain repayment plans (see Q21) while employed full-time (see Q36) by a public service organization (see Q31 through Q35). What are the borrower eligibility requirements for loan forgiveness under the PSLF Program? You must be employed full-time by a public service organization when you make each of the required 120 qualifying payments on your Direct

Loans, at the time you apply for loan forgiveness after making the last of those 120 payments, and at the time you receive loan forgiveness. Q3

A3

No. According to the Internal Revenue Service (IRS), student loan amounts forgiven under PSLF are not considered income for tax purposes. For more information, you should check with the IRS or your tax advisor. Does my income level determine eligibility for PSLF?

A4

Not directly, but your income is a factor in determining your required monthly payment amount under the Income-Based Repayment (IBR) Plan, Pay As You Earn Repayment Plan, and the Income Contingent Repayment (ICR) Plan, the three PSLF-eligible repayment plans that are the most likely to leave you with a remaining loan balance to be forgiven after you have made 120 qualifying payments.

A5

Q6

Are loan amounts forgiven under PSLF considered taxable by the IRS?

Q4

Q5

2

Can I be certain that the PSLF Program will exist by the time I have made my 120 qualifying payments? The U. S. Department of Education (ED) cannot make any guarantees

A6

regarding the future availability of PSLF. The PSLF Program was created by Congress, and, while not likely, Congress could change or end the PSLF Program. Public Service Loan Forgiveness隆XEligible Loans

If I have Federal Family Education Loan (FFEL) Program loans, Federal Perkins Loan (Perkins Loan) Program loans, or Health Professions Student Loans, can I take advantage of PSLF? PSLF is available only for Direct Loans. However, borrowers with FFEL Program loans, Perkins Loan Program loans, or Health Professions Student Loans who are interested in PSLF may consolidate those ineligible loans into a Direct Consolidation Loan (which is eligible) and then make 120 qualifying payments on the Direct Consolidation Loan while employed by a qualifying public service organization to receive PSLF. Note that payments you made on the FFEL Program loans, Perkins Loans, or Health Professions Student Loans before they were consolidated into the Direct Loan Program do not count toward the required 120 qualifying payments. For more information about consolidating into the Direct Loan Program, go to www.loanconsoliation.ed.gov, or call 1-800-557-7392.

If you are a married borrower with a joint FFEL Consolidation Loan, see Q11.

Solutions, Inc. Also, Perkins Loan borrowers should be aware that certain cancellation and other benefits available under the Perkins Loan Program do not apply to a Direct Consolidation Loan that repaid a Perkins Loan. The servicer for your Perkins Loan can provide you with details on any benefits you might be giving up if you include your Perkins Loans in a Direct Consolidation Loan. Q7

Will my interest rate change if I consolidate my FFEL Program loans, Perkins Loan Program loans, or Health Professions Student Loans into the Direct Loan Program to take advantage of PSLF?

A7

The interest rate on a Direct Consolidation Loan is the weighted average of the interest rates of the loans being consolidated, rounded up to the next higher one-eighth of one percent. There is no cap on the interest rate for Direct Consolidation Loans. This is a fixed rate that applies for the life of the loan. Because of the rounding up, the fixed interest rate on the new Direct Consolidation Loan may be slightly higher than the combined interest rates on the loans you are consolidating.

Q8

Are private, nonfederal education loans eligible for PSLF?

A8

No. Private and other nonfederal education loans are not eligible for PSLF, nor can they be consolidated into a Direct Consolidation Loan.

Q9

Are Direct Loans that are in

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default eligible for PSLF? A9

No. Defaulted Direct Loans are not eligible for PSLF. However, a defaulted loan may become eligible for PSLF if you consolidate or rehabilitate the loan, and then make qualifying PSLF payments on the new Direct Consolidation Loan or the rehabilitated loan.

To consolidate a defaulted Direct Loan, you must first make satisfactory repayment arrangements on the loan. You can do this either by making three consecutive, voluntary, on-time, full, monthly payments on the defaulted loan prior to consolidation, or by agreeing to repay the new Direct Consolidation Loan under the ICR Plan, Pay As You Earn Repayment Plan, or the IBR Plan. Any payments made as part of the satisfactory repayment arrangements prior to consolidating your defaulted loans do not count toward the 120 qualifying payments for PSLF.

A10

You will need to make 120 qualifying payments on the new Direct Consolidation Loan. Qualifying payments that you made on Direct Loans prior to consolidation do not count toward the 120 required payments for PSLF.

Q11

Can a joint FFEL Consolidation Loan be consolidated into a Direct Consolidation Loan so that one or both borrowers working in qualified public service jobs can qualify for PSLF?

A11

Q12

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I consolidated my Direct Loans after I made qualifying monthly payments on those loans while

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working in a qualifying public service organization. Do the payments made prior to the consolidation count toward the 120 payments required for PSLF, or will I be required to make 120 additional payments on the new Direct Consolidation Loan?

To rehabilitate a defaulted Direct Loan, you must contact the holder or servicer of the defaulted loan to establish a rehabilitation agreement under which you will be required to make nine on-time, voluntary, full, monthly payments within 20 days of the scheduled due date within 10 consecutive months. For more information on the impact of rehabilitation on PSLF, see Q30. Q10

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A12

No. The law no longer permits joint consolidation loans to be made, so joint FFEL Consolidation Loan borrowers may not reconsolidate their FFEL Consolidation Loan into a Direct Loan. In addition, since joint consolidation borrowers are jointly and severally liable for repayment of the joint consolidation loan for the life of that loan, one of the borrowers may not individually reconsolidate a joint FFEL Consolidation Loan into a new Direct Consolidation Loan to take advantage of PSLF. Are PLUS Loans eligible for PSLF? Yes. Like other Direct Loans, Direct

PLUS Loans are eligible for PSLF. However, there are additional factors to consider if you are a parent who has taken out a PLUS Loan. First, the eligibility for PSLF of a parent who has taken out a PLUS Loan is based on the parent¡¦s qualifying public service employment, not on the employment of the dependent student on whose behalf the parent borrowed. Second, PLUS loans received by parents may not be repaid under the IBR, Pay As You Earn, or ICR Plan, the three repayment plans most likely to leave a borrower with a remaining balance to be forgiven under PSLF. The IBR and Pay As You Earn Plans are also not available for Direct Consolidation Loans that repaid PLUS loans received by parents. However, a Direct Consolidation Loan that repaid PLUS loans received by a parent may be repaid under the ICR Plan. For more information regarding loan consolidation, please see Q6, Q7, and Q10. Note that PLUS loans made to graduate and professional students may be repaid under the IBR, Pay As You Earn Plan, or ICR Plan.

Solutions, Inc. Program? A13

You must have made 120 separate, on-time, monthly payments (after October 1, 2007) on the Direct Loans for which you are requesting PSLF forgiveness while employed full-time by a public service organization. Each of the monthly payments must have been made for the full scheduled installment amount and no later than 15 days after the scheduled payment due date. Each payment also must have been made under a qualifying repayment plan (see Q21).

Q14

Will any of the payments I made on my Direct Loans prior to October 1, 2007, count toward the required 120 payments for PSLF?

A14

No. Under the law that established the PSLF Program, only payments made after October 1, 2007 may be counted toward the required 120 separate, on-time, monthly payments for PSLF.

Q15

Must the required 120 separate, monthly payments for PSLF be consecutive payments?

A15

No. The payments do not have to be consecutive payments; but you must be employed by a qualifying public service organization at the time you make each of the 120 qualifying payments.

Q16

If I pay more than my scheduled monthly student loan payment amount, can that additional amount be counted as more than

P u b l i c S e r v i c e L o a n Forgiveness¡XQualifying Payments Q13

What are the specific loan repayment requirements for loan forgiveness under the PSLF

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one qualifying payment for PSLF? For example, if I make a single payment that is equal to three monthly payments, will that amount be counted as three separate payments toward the required 120 separate monthly payments? A16

No. You must make 120 separate monthly payments. Lump sum payments that exceed the scheduled payment amount do not count as separate payments. There is a limited exception to this requirement for Peace Corps and AmeriCorps volunteers. See Q19. If you make a payment that exceeds the scheduled payment amount, and the excess amount is equal to or greater than your scheduled monthly payment, the excess amount will be treated as being intended to cover one or more future payments unless you request that the excess amount not be treated as being intended for future payments. Depending on the size of the excess payment, it is possible that your next due date could be a month or more in the future from the date you made the extra payment amount. If you make subsequent payments while your account is ¡§paid ahead¡¨, those payments will not count toward PSLF. If you request that your extra payment amount not be applied to future scheduled payments, the excess amount will not advance the due date of your next scheduled payment, and any subsequent

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are in school. Any new Direct Subsidized Loans and Direct Unsubsidized Loans you receive will not enter repayment until the end of the six-month grace period that begins the day after you cease to be enrolled in school on at least a half-time basis. You cannot make payments under a PSLF-eligible repayment plan until a loan has entered repayment status. Although you could voluntarily make payments on your new Direct Subsidized Loans and Direct Unsubsidized Loans while you are in school or during your grace period, those payments would not count as PSLF-qualifying payments.

monthly payments you make (if otherwise qualifying) will count toward the required 120 payments. Q17

If I return to school and qualify for an in-school deferment on my D i re c t L o a n s t h a t a re i n repayment, can I decline the deferment and make qualifying PSLF payments while I am in school?

A17

Yes. You may decline an in-school deferment on your loans that are in repayment status and make payments on those loans while you are in school. If you decline your inschool deferment, any qualifying payments you make will count toward the 120 required payments for PSLF. Remember, you must be employed full-time by a public service organization while you attend school for your payments to qualify for PSLF. The option of declining an in-school deferment also applies to any new Direct PLUS Loans for graduate or professional degree students you receive when you return to school. Direct PLUS Loans for graduate or professional degree students enter repayment after they are fully disbursed (while you are still in school), but are eligible for an inschool deferment while you are enrolled in school at least half time. If you receive new Direct Subsidized Loans or Direct Unsubsidized Loans when you return to school, you will not be able to make qualifying PSLF payments on those loans while you

Q18

May I waive the six-month repayment grace period on my Direct Subsidized Loans and Direct Unsubsidized Loans and begin making qualifying PSLF payments early?

A18

No. Under the law that governs the Direct Loan Program, you may not waive the six-month grace period on a Direct Subsidized Loans or Direct Unsubsidized Loan that begins after you are no longer enrolled in school at least half-time. Direct Subsidized Loans and Direct Unsubsidized Loans only enter repayment at the end of the sixmonth grace period. Any payments made on a loan during the grace period, when you have no legal requirement to make payments, will be applied to reduce outstanding interest or loan principal and will not count as PSLF-qualifying

Solutions, Inc. payments. Q19

Am thinking of serving as a Peace Corps or AmeriCorps volunteer and plan to request a deferment or forbearance on my Direct Loans, since I won¡¦t be able to afford to make loan payments while I am serving. If I¡¦m not making payments during my service period, can my Peace Corps or AmeriCorps service and Segal Education Award or Transition Payment count for PSLF?

A19

If you receive a deferment or forbearance during your volunteer service, you can use the transition payment that you receive after completing your period of Peace Corps service or the Segal Education Award you may receive after AmeriCorps service to make a lump sum payment on your Direct Loans. If you use some or all of your Peace Corps transition payment or AmeriCorps Segal Education Award to make a lump sum payment on your Direct Loans, you will receive credit for up to 12 qualifying payments for PSLF. The number of payments for which you receive credit is determined by dividing the amount of your lump sum payment by your scheduled full monthly payment amount, but you may not receive credit for more than 12 monthly payments toward the PSLF payment requirement. As an alternative to receiving a deferment or forbearance during your volunteer service and then

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using your Peace Corps transition payment or Segal Education Award to make a lump sum payment on your loans, you could choose to not request a deferment or forbearance and instead make qualifying PSLF payments during your volunteer service, the same as borrowers who make qualifying payments while employed by any other qualifying employer. If you repay your Direct Loans under the IBR plan, Pay As You Earn plan, or ICR plan, your required monthly payment is likely to be an amount that you can afford even while you are performing volunteer service and receiving very little income. For some borrowers, the required monthly payment amount under one of these repayment plans may be zero. If you do not request a deferment or forbearance and instead make payments under the IBR, Pay As You Earn, or ICR plan while performing your Peace Corps or AmeriCorps service, you may be able to receive credit for a larger number of qualifying PSLF payments than would be the case if you receive a deferment or forbearance and then use your Peace Corps transition payment or Segal Education Award to make a lump sum payment on your Direct Loans. This is because you can receive credit for a maximum of only 12 qualifying PSLF payments if you make the lump sum payment, but each payment you make under the IBR, Pay As You Earn, or ICR plan (including a scheduled payment amount of zero) while you are

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Solutions, Inc. serving as a full-time Peace Corps or AmeriCorps volunteer would count as a qualifying PSLF payment if it meets all of the requirements described elsewhere in this document (see Q13). Keep in mind that if you choose to make payments under the IBR, Pay As You Earn, or ICR plan during the period of your Peace Corps or AmeriCorps service, you will be required to annually provide updated income information and certify your family size. In addition, if you choose this option and receive credit towards PSLF for the qualifying payments you made while serving as a full-time Peace Corps or AmeriCorps volunteer, you cannot receive credit for additional qualifying payments by using your Peace Corps transition payment or Segal Education Award to make a lump sum payment on your Direct Loans. Q20

If my scheduled monthly payment under IBR, Pay As You Earn, or ICR is zero, does each month during which my required monthly payment is zero count towards the required 120 separate, monthly payments?

A20

Yes. Any month when your scheduled, monthly payment under IBR, Pay As You Earn, or ICR is zero will count toward your required 120 qualifying payments if you are also employed full-time by a qualifying public service organization during that month.

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Solutions, Inc. not qualify for PSLF purposes.

P u b l i c S e r v i c e L o a n Forgiveness¡XQualifying Repayment Plans Q21

What Direct Loan Program repayment plans qualify under the PSLF Program?

A21

The 120 required qualifying payments must be made under one or more of the following Direct Loan Program repayment plans: „h The IBR Plan „h The Pay As You Earn Repayment Plan „h The ICR Plan „ h T h e 1 0 - Ye a r S t a n d a r d Repayment Plan (see Q22 and Q24) „h Any other Direct Loan repayment plan, but only payments that are at least equal to the monthly payment amount you would be required to pay under the 10-Year Standard Repayment Plan may be counted toward the 120 qualifying payments for PSLF

Q22

I am repaying my Direct Consolidation Loan under the Standard Repayment Plan. Do payments I make under this plan count toward the required 120 payments?

A22

Generally, no. The Standard Repayment Plan for Direct Consolidation Loans is not the same repayment plan as the 10-Year Standard Repayment Plan for Direct Subsidized Loans and Direct Unsubsidized Loans and Direct PLUS Loans, and payments made under the Standard Repayment Plan for Direct Consolidation Loans do

Under the Standard Repayment Plan for Direct Consolidation Loans, the maximum repayment period may be up to 30 years, depending on the amount of the consolidation loan and the amount of your other education loan debt. This longer repayment period results in a monthly payment amount that is less than the monthly payment amount required under the 10-Year Standard Repayment Plan. For a monthly payment made under any Direct Loan repayment plan other than IBR, Pay As You Earn, ICR, or the 10-Year Standard Repayment Plan to be eligible for PSLF purposes, the payment amount must not be less than what it would be if you repaid the loan under the 10-Year Standard Repayment Plan. For a Direct Consolidation Loan, the Standard Repayment Plan will result in a scheduled monthly payment that is equal to the monthly payment amount under the 10-Year Standard Repayment Plan only if the amount of the consolidation loan and your other education loan debt is less than $7,500. Q23

What other Direct Loan repayment plans would give me a monthly payment that is at least equal to the payment that would be required under a 10-Year Standard Repayment Plan?

A23

In some cases, payments made during the later portion of the

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repayment period under the Graduated Repayment Plan may equal or exceed the payment amount that would be required under a 10Year Standard Repayment Plan. Under the Graduated Repayment Plan, payments start out lower and then gradually increase, generally every two years. Q24

A24

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A25

Although payments made under the 10-Year Standard Repayment Plan are qualifying payments for PSLF, will I have any remaining balance to be forgiven if I make all my payments under a 10-Year plan? No. Because the 10-Year Standard Repayment Plan requires you to fully pay off your loan within ten years (120 monthly payments), you will not have any remaining loan balance to be forgiven if you make all of your 120 qualifying payments u n d e r a 1 0 - Ye a r S t a n d a r d Repayment Plan. The 10-Year Standard Plan is included as an eligible repayment plan for PSLF purposes so that borrowers may receive credit toward the required 120 PSLF payments for payments they may have made under this plan before switching to IBR, Pay As You Earn, or ICR.

Q25

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If I repay my Direct Loans under IBR, Pay As You Earn, or ICR plan, and all of my payments qualify for PSLF, will I have a remaining balance on my Direct Loan to be forgiven?

For IBR and Pay As You Earn, the answer is generally yes. If you enter one of these plans immediately upon entering repayment, and each of your payments under one of those plans qualifies (that is, each payment is on-time and made while working for a qualifying employer), there should be some balance left to be forgiven after you have made 120 qualifying payments. The only reason that there would be no remaining balance after making 120 qualifying payments under the IBR or Pay As You Earn plan is you pay more than what is due under your repayment plan each month, causing you to pay off your loan in full before receiving forgiveness. For ICR, even if you enter the plan immediately upon entering repayment, and even if each of your payments under the plan is a qualifying payment, forgiveness is not guaranteed. Under the ICR plan, it is possible that you will repay your loan in full prior to making 120 qualifying payments; however, this will not be true for most borrowers.

Q26

A26

In summary, what are my best repayment plan options to maximize my PSLF benefits? While payments under certain other repayment plans may be counted toward the required 120 payments, to receive any forgiveness under the PSLF Program, you must make most of your loan payments under the IBR, Pay As You Earn, or ICR Plan to have a remaining loan balance after 120 payments have been made.

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Q27

A27

Solutions, Inc. to one of the other PSLF-qualifying repayment plans will rarely result in a lower monthly payment.

If I am repaying my Direct Loans under the IBR or Pay As You Earn Plan, what will happen if I am determined to no longer have a partial financial hardship and therefore no longer have a payment that is based on my income? Will my monthly payments continue to count for PSLF? Yes. Although you must have a partial financial hardship to initially qualify for IBR and Pay As You Earn, you may remain in the IBR or Pay As You Earn Plan even if you are later determined to no longer have a partial financial hardship. However, your monthly payment will be adjusted and will no longer be based on your income. As long as you remain in the IBR or Pay As You Earn Plan, your monthly payments will count toward the required 120 payments for PSLF.

Q28

What happens if I can¡¦t afford to make my scheduled monthly payments under the IBR, Pay As You Earn, or ICR Plan? Are other repayment options available to me if I want to qualify for PSLF?

A28

Payments made under certain other Direct Loan repayment plans may be counted toward the 120 separate, monthly payments required for PSLF. However, the IBR, Pay As You Earn, and ICR Plans usually provide the lowest monthly payments of the PSLF-qualifying plans. Therefore, changing from the IBR, Pay As You Earn, or ICR Plan

If you cannot afford to make your scheduled, monthly payment, you should contact your federal loan servicer to discuss deferment or forbearance options that would allow you to temporarily stop making your loan payments or temporarily make them for a lower amount. Although you will no longer be making PSLF-qualifying payments during an authorized period of deferment or forbearance, you will avoid becoming delinquent on repayment of your loan. Q29

Do partial payments under a qualifying repayment plan count towards eligible monthly payments?

A29

If you make multiple partial payments that total at least your full scheduled monthly payment amount, and you make those payments no later than 15 days after the scheduled payment due date for that month¡¦s payment, the series of partial payments will count as a one single qualifying, monthly payment for PSLF. For example, if your required monthly payment under a PSLFqualifying repayment plan is $200 and you make a series of four $50 payments toward your next, immediately due monthly payment amount, with the 4th payment made no later than 15 days after the scheduled due date for that

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payment, you would receive credit for one qualifying payment. Q30

A30

A31

Q32

A32

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military, public elementary and secondary schools, public colleges and universities, public child and family service agencies, and special governmental districts (including entities such as a public transportation, public water, or public bridge district, or a public housing authority). The U. S. government has a directory that includes most government agencies and departments at https://www.usa.gov/Agencies.sht ml.

I am in the process of rehabilitating a defaulted Direct Loan. Will my full, on-time, voluntary payments that I make as part of my loan rehabilitation agreement count toward the required 120 payments for PSLF? No. Payments made on a defaulted Direct Loan under a rehabilitation agreement are not payments that are made under a PSLF-eligible repayment plan and therefore are not PSLF-qualifying payments.

P u b l i c S e r v i c e L o a n Forgiveness¡XQualifying Employment Q31

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Which employers are ¡§public service organizations¡¨ that are eligible employers for the PSLF Program? The term ¡§public service organization¡¨ covers a broad range of employers, including any federal, state, or local government organization or agency (see Q32) and most not-for-profit organizations (see Q33 and Q34). What public (government) employers qualify as eligible employers for the PSLF Program? Any federal government, state government, local government, or tribal government entity is an eligible employer for the PSLF Program. This includes the U. S.

If you are employed by a private company under a contract with a government agency, see Q43. If you work for a foreign government or an international intergovernmental organization, see Q49. Service as an elected member of the U. S. Congress is not qualifying employment for PSLF.

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Non-Profits/ExemptOrganizations-Select-Check.

A33

What not-for-profit organizations qualify as eligible employers for the PSLF Program? Eligible not-for-profit organizations include those that are tax-exempt under section 501(c)(3) of the Internal Revenue Code. These organizations include most private, not-for-profit elementary and secondary schools, private, not-forprofit colleges and universities, and thousands of other organizations, agencies, and charities. Your employer will easily be able to tell you if it is tax-exempt under section 501(c)(3) of the Internal Revenue Code. The IRS has a searchable database of 501(c)(3) organizations at http://www.irs.gov/Charities-&-

„h Public education, „h Public library services, or „h School library or other schoolbased services.

If your employer is a not-for-profit organization that is tax-exempt under section 501(c)(3) of the Internal Revenue Code, but you perform your work outside of the United States, see Q47. If your employer is a not-for-profit organization but not a tax-exempt under section 501(c)(3) of the Internal Revenue Code, your employment may still qualify if your employer meets the conditions specified in the answer to Q34. If your employer is engaged in religious activities, see Q54. Q34

A34 Q33

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Can a private, not-for-profit employer that is not tax-exempt under section 501(c)(3) of the Internal Revenue Code qualify as a public service organization for the PSLF Program? Yes. If the not-for-profit employer provides one or more of the following public services: „h Emergency management, „h Military service, „h Public safety, „h Law enforcement, „h Public interest law services, „h Early childhood education (including licensed or regulated childcare, Head Start, and statefunded pre-kindergarten), „h Public service for individuals with disabilities and the elderly, „h Public health (including nurses, nurse practitioners, nurses in a clinical setting, and full-time professionals engaged in health care practitioner occupations and health care support occupations),

However, if the organization is a labor union or a partisan political organization it is not an eligible PSLF employer. If your employer is engaged in religious activities, see Q54. If your employer operates outside the United States or is a foreign charity that operates within the United States, please see Q48. Q35

What types of public service jobs will qualify me for loan forgiveness under the PSLF Program?

A35

The specific job that you perform does not matter, as long as you are employed by an eligible public service organization. For example, if you are a full-time employee of a public school system, your employment would meet the requirements for PSLF, regardless o f y o u r p o s i t i o n ( t e a c h e r, administrator, support staff, etc.). If your organization engages in religious activities, see Q54 and Q55 for more information regarding whether your employment qualifies.

Q36

What is considered full-time employment for PSLF?

A36

If you only have one employer, you must meet your employer¡¦s definition of full-time. However, for PSLF purposes, that definition must be at least an annual average of 30

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hours per week.

A37

For example, if you worked for Public Service Organization A for an annual average of 10 hours per week and you concurrently worked for Public Service Organization B for an annual average of 20 hours per week, this would equal a combined annual average of 30 hours per week.

If I work for an eligible PSLF employer under a contract for a period of employment that is less than a full year, will my employment be considered fulltime for PSLF? Yes, in some cases. If you have an employment contract or other period of employment of at least eight months, an average of 30 hours per week over that period of employment is considered full-time.

Q39

A39 For example, if you are a teacher with an annual contract for a term of eight or nine months, and you work an average of 30 hours per week during that period of employment, it is considered full-time employment for PSLF purposes. Q38

A38

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I am working for more than one employer during the same period of time, but am not employed by any one of them on a full-time basis. Will my combined employment be considered fulltime for PSLF? Yes. If you have more than one employer during the same period of time, full-time employment is an annual average of at least 30 hours per week, determined by adding together the annual average number of hours per week for each employer.

Will ED track my qualifying employment and qualifying payments while I am working toward meeting the 120 months of required payments for PSLF? Yes, but only if you periodically submit the Employment Certification for Public Service Loan Forgiveness form (Employment Certification form) that has been developed by ED and is a v a i l a b l e a t www.studentaid.ed.gov/publicservi ce. You are encouraged to submit this form to ED隆娄s PSLF servicer, FedLoan Servicing (PHEAA), annually while you are working to fulfill the employment and payment requirements for PSLF so that you will receive feedback on the eligibility of your employment and payments for a specified employment period. The PSLF servicer will review each Employment Certification form you submit to confirm that your employer qualifies as a public service organization. If it is your first submission of an Employment

Solutions, Inc.

Certification form, all of your EDheld loans will be transferred to the PSLF servicer, which will then verify that the loan payments you made during the period covered by the Employment Certification form are qualifying payments. After reviewing your Employment Certification form, the PSLF servicer will tell you how many qualifying payments you have made toward the required 120 payments.

Each employer must qualify as a public service organization for the employment to be included in determining whether you are employed on a full-time basis.

If you are a contract employee, see Q37. If you have more than one employer, see Q38. See Q52 for information regarding the treatment of vacation and leave time. Q37

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service organization based on the information provided on the Employment Certification form that you submit. In some cases, the PSLF servicer may require additional documentation about your qualifying employment. Therefore, you should keep records that identify your employer, demonstrate that your employer meets the definition of a public service organization, show your dates of employment with that employer, and demonstrate that you were a full-time employee.

See Q41 for guidance on keeping records of your qualifying employment. Q40

After I submitted the Employment Certification form, I was notified that I would now have a different servicer for my federally held student loans. Why did my servicer change?

Examples of such documents include, but are not limited to, IRS W2 forms and paystubs. You should retain as many documents supporting your qualifying employment as possible.

A40

One of the federal loan servicers, FedLoan Servicing (PHEAA), has been assigned responsibility for administering PSLF for all Direct Loan borrowers. As a result, if you submit an Employment Certification form, all of your loans held by ED (including any of your loans that are not eligible for PSLF, such as FFEL Program loans that have been purchased by ED) will be transferred to FedLoan Servicing (PHEAA).

Q42

Is Peace Corps or AmeriCorps service considered qualifying employment for PSLF?

A42

Yes, if you are serving as a full-time Peace Corps or AmeriCorps volunteer.

Q41

What kind of documentation do I need to keep to show that I worked for a qualifying PSLF employer while making the required 120 payments on my Direct Loan(s)?

A41

The PSLF servicer will confirm that your employer is a qualifying public

During their service periods, Peace Corps and AmeriCorps volunteers are generally not required to make monthly payments on their student loans because the volunteers are eligible for a deferment or forbearance on those loans. A volunteer who declines the deferment or forbearance and continues to make monthly payments while serving would be treated like any other borrower working to qualify for PSLF. Volunteers who receive a deferment

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or forbearance and who do not make monthly payments during their period of service may still receive credit for their PSLF-qualifying service and for making up to a maximum of 12 qualifying payments if they use their Segal Education Award or Peace Corps transition payment to make a lump sum payment on the eligible loan(s) for which they are seeking forgiveness. However, Peace Corps and AmeriCorps volunteers who decline the deferment or forbearance and make monthly loan payments during their period of service may be able to receive credit for a larger number of qualifying PSLF payments. See Q19 for more information.

Q43

A43

Q44

If you wish to use your Peace Corps transition payment or Segal Education Award to make a lump sum payment on your loans, we recommend that you call your loan servicer and tell them that this lump sum payment is not intended to cover future installments; this will prevent that payment from affecting your ability to make future qualifying payments. When you submit the Employment Certification Form that includes your Peace Corps or AmeriCorps service, we recommend that you also include a record of the date and amount of the Peace Corps transition payment or Segal Education Award, the date and amount of the lump sum payment that you made from your Peace Corps transition payment or Segal Education Award, and a statement requesting that your lump sum payment count toward PSLF.

I am employed full-time by a forprofit, private company, doing work for a government agency or for an otherwise qualifying PSLF not-for-profit organization under a contract my company has with the agency or organization. Does this employment qualify for PSLF?

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Q45

A45

No. You must be directly employed full-time by the public service organization. I know that employment with a public school qualifies for PSLF. What about employment with a private school? Most private elementary and secondary schools and private colleges and universities are not-forprofit entities that are tax-exempt organizations under section 501(c)(3) of the Internal Revenue Code. If a private school has this status, it would qualify as a public service organization for PSLF purposes.

A46

If the private school, college, or university is not tax-exempt under section 501(c)(3) of the Internal Revenue Code, it may also be a qualifying public service organization as a not-for-profit organization offering public education. However, employment with a for-profit private school, college, or university is not eligible employment for PSLF purposes.

Do I need to have the same job while making all of the required 120 payments for PSLF and still be eligible for forgiveness? No. However, you must provide documentation that demonstrates that you were employed full-time by one or more public service organizations during the period of time you made each of the required 120 separate, monthly payments, and at the time you apply for and receive loan forgiveness. If I receive my pay in the form of a stipend, will my employment qualify for PSLF?

the Internal Revenue Code, but I perform this employment outside of the United States, would the employment qualify under the PSLF program? A47

Yes. Full-time employees of organizations that are tax-exempt under section 501(c)(3) of the Internal Revenue Code may perform their work anywhere.

Q48

I am a full-time employee of a foreign not-for-profit organization that does not operate in the United States and is not a 501(c)(3) organization under the Internal Revenue Code. Will my employment with this not-for-profit organization qualify for PSLF?

A48

No. If your public service organization does not operate in the U. S. and is not a not-for-profit, taxexempt organization under section 501(c)(3) of the Internal Revenue Code, your employment would not qualify for PSLF purposes.

The form of payment you received from your employer does not matter. What matters is whether you made each of the required 120 separate, monthly payments on time while you were employed full-time by a public service organization. For PSLF purposes, you are considered an employee of an organization if you were hired and paid by that organization. However, the source of the stipend may be relevant for purposes of determining whether you were employed by a qualifying public service organization. See Q51 for more information.

Q47 If you are employed by a parochial or other religious school, see Q54 and

Solutions, Inc.

Q55 for more information regarding whether your employment qualifies for PSLF.

Q46 A44

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If I am employed by a not-forprofit organization that is taxexempt under section 501(c)(3) of

However, if you work for a foreign not-for-profit organization that is not tax-exempt under section 501(c)(3) of the Internal Revenue Code, but which operates within the United States, your employment may qualify if it meets the conditions specified in the answer to Q34. See Q56 for the definition of ¡§the United States¡¨ for PSLF purposes. Q49

Does employment by a foreign government or international, intergovernmental organization

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(e.g., the United Nations, Organization for Economic Cooperation and Development, Organization of American States, N o r t h A t l a n t i c Tr e a t y Organization, etc.) qualify as public service employment? A49

No. Only U. S. federal, state, local and tribal government organizations, agencies, or entities qualify as public service organizations for purposes of PSLF. However, if you work for the United States delegation to an international, intergovernmental organization, such as the U. S. mission to the United Nations, then your employment qualifies because you are employed by the Federal government, not the international, intergovernmental organization.

A50

Q51

Q52

Are vacation or leave periods considered when determining whether I am a full-time employee?

A52

Employer-provided vacation or leave time is equivalent to hours worked in determining whether you meet the full-time employment requirement. This includes leave taken for a qualifying condition under the Family and Medical Leave Act of 1993.

Q53

Does full-time volunteer service for a public service organization qualify for PSLF? No. Unless you are an AmeriCorps or Peace Corps volunteer, you must be a full-time employee who is hired and paid by a public service organization. I am serving a fellowship with a qualifying public service organization. Does this qualify as eligible employment for PSLF?

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It depends on the particular terms of your fellowship. If your fellowship is one in which you are considered an employee who is hired and paid by the public service organization, the fellowship would qualify.

is related to religious activities. When determining full-time public service employment you may not include time spent on participating in religious instruction, worship services, or any form of proselytizing. Q55

Q54 A51

However, if you are not considered an employee of the public service organization, then your work will not qualify for PSLF.

A53 Q50

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A54

A55

I am the only official that can certify my employment. Can I certify my own qualifying employment? Yes, you may certify your own employment if you are the only employee of the organization that can do so. However, ED reserves the right to request additional documentation concerning your employment for this organization, such as earnings statements, IRS W2 forms, your application for taxexempt status, or any other documentation required to be filed with the IRS on a period basis regarding the conduct of the organization. I am employed full-time by a q u a l i f y i n g n o t - f o r- p ro f i t organization that engages in religious activities. Does my employment qualify for PSLF?

I am employed full-time by a q u a l i f y i n g n o t - f o r- p ro f i t organization that does not engage in religious activities, but some of my job responsibilities are of a religious nature. Does my employment qualify for PSLF?

Solutions, Inc. locations are considered part of the United States for PSLF purposes. Q57

What if I make made my 120th qualifying payment while working for a qualified public service organization, but then leave that job to work for a forp ro f i t c o r p o r a t i o n b e f o re applying for the PSLF benefit. Am I still eligible for PSLF?

A57

No. To be eligible for forgiveness, you must be employed full-time by a qualifying public service organization at the time you made each of the 120 qualifying payments, at the time you apply for loan forgiveness, and at the time you receive loan forgiveness.

It depends on how much of your job is related to religious activities. When determining full-time public service employment you may not include time spent participating in religious instruction, worship services, or any form of proselytizing.

Q56

I am employed full-time by an eligible public service organization in one of the islands that have a legal relationship with the United States. Will that employment qualify for PSLF purposes?

A56

Yes. In addition to the 50 states and the District of Columbia, full-time employment with an otherwise eligible public service organization in American Samoa, the Commonwealth of Puerto Rico, Guam, the Virgin Islands, the Commonwealth of the Northern Mariana Islands, the Republic of the Marshall Islands, the Federated States of Micronesia, and the Republic of Palau qualifies. These

Therefore, if you left your job at a public service organization after meeting the PSLF qualifying criteria but before you apply for loan forgiveness, you would not be eligible for forgiveness since you need to be working for the public service organization at the time you apply for and receive forgiveness. However, if you then find employment at another public service organization, you could regain eligibility. P u b l i c S e r v i c e L o a n Forgiveness隆XReceiving the Benefit Q58

What should I do after I have made all of the 120 qualifying payments?

A58

You must submit an application for Public Service Loan Forgiveness.

It depends on how much of your job

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Please note that the earliest any borrower could qualify for Public Service Loan Forgiveness is October of 2017. Therefore, there is no application for forgiveness yet. The application will be released closer to the time when the first borrowers will qualify for forgiveness. Q59

A59

When I have made my 120th qualifying payment while working for a qualifying public service organization and am ready to submit my loan forgiveness application, do I need to submit any other documents to the PSLF servicer? Yes. Even if you had submitted Employment Certification forms to ED¡¦s PSLF servicer during the entire period when you were making your 120 qualifying payments, you will need to submit one additional Employment Certification form to verify your current full-time employment with a qualifying public service organization at the time you submit your PSLF application. If you did not submit any Employment Certification forms, or if you did not submit forms for some of your employers or for only some of the time, you will need to provide one or more Employment Certification forms, as necessary, to cover your entire period of qualifying public service employment (including your current employment) at the time you submit your loan forgiveness application.

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Solutions, Inc. Q60

A60

I made some qualifying payments when I worked for a qualifying public service organization in the past, but I have not made 120 payments, and it is unlikely that I will be employed by a public service organization again in the future. Can I qualify for partial forgiveness based on the number of qualifying payments that I made? No. There is no partial loan forgiveness. To receive loan forgiveness under the Public Service Loan Forgiveness Program, you must make all 120 qualifying payments while working for a qualifying public service organization.

Q61

When I submit my application for loan forgiveness after making the required 120 qualifying payments, how long will it take ED¡¦s PSLF servicer to process my application and forgive my remaining loan balance?

A61

Processing times may vary depending on factors such as whether documentation of employment was previously submitted for review or only at the time of application for loan forgiveness, the number of employers, gaps in employment or payment history, and any required follow-up with the applicant. Therefore, you are encouraged to submit the Employment Certification for Public Service Loan Forgiveness form to ED¡¦s

·

PSLF servicer, FedLoan Servicing (PHEAA), on a periodic basis (recommended annually) so that eligibility can be tracked while you are working to fulfill the employment and payment requirements for PSLF.

Solutions, Inc. service. Will I also be able to qualify for PSLF? A63

Yes. However, you may not receive a benefit under both the Teacher Loan Forgiveness Program and the Public Service Loan Forgiveness Program for the same period of teaching service. For example, if you make payments on your loans during your five years of qualifying employment for Teacher Loan Forgiveness and then receive loan forgiveness for that service, the payments you made during that five-year period will not count toward the 120 payments required for PSLF.

Q64

If I am employed by an eligible public service organization and receive a student loan repayment benefit from my employer under the Federal Student Loan Repayment Program or under another employer-based student loan repayment program, can I also receive PSLF based on the same employment?

A64

Yes. You may receive benefits under both an employer loan repayment plan, including the Federal Student Loan Repayment Program, and the PSLF Program for the same period of qualifying public service. A monthly payment made by your employer to cover the amount of your required monthly student loan payment under a qualifying PSLF repayment plan will count toward the 120 qualifying payments required for PSLF.

See Q39 for information about tracking employment and payments. Q62

What will happen if ED¡¦s PSLF servicer denies my PSLF application for loan forgiveness?

A62

If ED determines that you are not eligible for loan forgiveness, you will be notified of this determination and will be provided with the reason you were determined to be ineligible. ED¡¦s PSLF servicer will then resume billing on your loans, and will grant forbearance of payments of principal and interest to cover the period when collection activity was suspended during the application processing period. Interest that accrues during a period of suspended collection activity may be capitalized if you are not granted forgiveness. Capitalization means that we add accrued interest to the unpaid principal amount of your loan. Capitalization increases the unpaid principal balance of your loan, and we will then charge interest on the increased principal amount.

Q63

I am a teacher and I plan to apply f o r f e d e r a l Te a c h e r L o a n Forgiveness after completing five years of qualifying teaching

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If your employer makes a single lump sum payment that covers multiple monthly student loan payments, it will only count as one qualifying monthly payment, and may affect whether future payments qualify. See Q16 for more information. More information about the Federal Student Loan Repayment Program may be found on the U. S. Office of Personnel Management¡¦s W e b s i t e a t http://www.opm.gov/oca/pay/stude ntloan/. Questions and Answers (Q&As) for Employers

Program loans (Direct LoansSM) after the Direct Loan borrower has made 120 qualifying payments (after October1, 2007) while employed full-time by a public service organization.

Q66

A66

Q67 P u b l i c S e r v i c e L o a n Forgiveness¡XGeneral Information Q65

What is the PSLF Program?

A65

The PSLF Program was established to encourage individuals to enter and continue in full-time public service employment by forgiving the remaining balance of their William D. Ford Federal Direct Loan

·

Q68

What will the information on the Employment Certification form be used for?

A68

The information that you and your employee provide on the Employment Certification form will only be used to determine whether your employee¡¦s work qualifies for the Public Service Loan Forgiveness Program.

P u b l i c S e r v i c e L o a n Forgiveness¡XEmployment Certification for Public Service Loan Forgiveness Form

The questions and answers (Q&As) for employers that follow provide information about the Public Service Loan Forgiveness (PSLF) Program that is especially relevant to employers. We have grouped the Q&As into three categories: General Information, Forms, and Qualifying Employment. Following each answer is the date we posted that response. We will include a new date each time we add a question or when we update a previously posted response.

A67

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What is the Employment Certification for Public Service Loan Forgiveness form (Employment Certification form) and why am I being asked to complete it? To be eligible for loan forgiveness under the PSLF Program, a borrower must make 120 qualifying payments while employed full-time by a qualifying public service organization. The Employment Certification form collects employment information that is needed to determine whether your organization and the employee meet the employment eligibility requirements for PSLF. Am I allowed to release i n f o r m a t i o n re g a r d i n g m y employees to ED or my employee¡¦s federal loan servicer for PSLF purposes? Yes. The Employment Certification form includes the borrower¡¦s authorization for you to release information about the status of the employee (e. g. full-time, part-time) and the period of employment that you are certifying.

Q69

Do I have the right to obtain information about my employee¡¦s student loans (e. g., the outstanding loan balances, payment status, etc.)?

A69

No. The Privacy Act of 1974, as amended, generally prohibits the Federal government from releasing any personal information it retains to third parties.

Q70

My employee (or former employee) submitted to me only an Employment Certification form. Is there also an application for loan forgiveness that needs to be completed and submitted?

A70

Borrowers may not apply for loan forgiveness until after they have made 120 qualifying loan payments while being employed full-time at a qualifying public service organization, and only payments made after October1, 2007, count toward the required 120 qualifying payments. The earliest date that any borrower will be eligible to apply for PSLF is October 2017. Therefore, no application is

Solutions, Inc. currently available. However, ED developed the Employment Certification form so that Direct Loan borrowers could submit information on a periodic basis (recommended annually) so that confirmation of qualifying PSLF employment and payments could be provided to the borrower. Q71

The Employment Certification form asks for an employment end date, but the employee for whom I am providing the information is currently employed by my organization. Do I leave this field blank?

A71

No. If the employee will continue working for your organization after you certify the form, report the employment end date as the date on which you sign the form. You may not certify an employment ending date that is after the date you sign the form.

Q72

I completed an Employment Certification form for one of my employees last year. Why am I being asked to do so again this year?

A72

ED recommends that borrowers obtain certification of qualifying public service employment on an annual basis. This will make the final PSLF application process easier for the borrower.

P u b l i c S e r v i c e L o a n Forgiveness¡XQualifying Employment

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· Q73

A73

Q74

A74

Solutions, Inc.

My organization recently lost its 501(c)(3) status and I just had an employee ask me to complete the Employment Certification form. Can I complete the form?

Yes, you may complete the form but you may not certify an employment end date beyond the date when your organization lost its 501(c)(3) status. However, your organization may meet the eligibility requirements for o t h e r p r i v a t e n o t - f o r- p r o f i t organizations that provide certain public services, as explained in Q34. If your organization qualified as an eligible public service organization for the borrower¡¦s full period of employment despite the loss of its 501(c)(3) status, you should complete a separate Employment Certification form for the period of employment after your organization¡¦s loss of its 501(c)(3) status. My organization is an otherwise qualifying religiously affiliated not-for-profit organization. Does my employee¡¦s work qualify for PSLF? It depends on how much of your employee¡¦s job is related to religious activities. When determining full-time public service employment your employee may not include time spent on participating in religious instruction, worship services, or any form of proselytizing.

When an authorized official signs the Employment Certification form, the official

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is certifying that the number of hours worked do not include any of the activities above. Q75

A75

My organization is an otherwise qualifying not-for-profit, but my employee¡¦s job duties include participating in religious activities. Does my employee¡¦s work qualify for PSLF?

It depends on how much of your employee¡¦s job is related to religious activities. When determining full-time public service employment your employee may not include time spent on participating in religious instruction, worship services, or any form of proselytizing. When an authorized official signs the Employment Certification form, the official is certifying that the number of hours worked do not include any of the activities above. Q76 May my part-time employees take advantage of PSLF? A76 Yes, if the employee works for another qualifying public service organization concurrently with your organization and works a combined annual average of at least 30 hours per week. You do not need to determine whether your employee meets this requirement as long as you appropriately certify that the individual is a part-time employee and provide the annual average number of hours worked per week at your organization. This information was updated in the fall of 2013. For updates or additional information on federal student aid, visit StudentAid.gov. December 2013

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Solutions, Inc. COST OF FEDERAL STUDENT LOAN SOLUTIONS WORKSHOP AND MATERIALS ·

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ost of workshop is $199.00 per person with online registration at www.fslsolutions.com. Save $50.00 each with a friend (valid if both register same day. This offer is not valid for gate registration. Gate registration is highly discouraged, but if you must, the gate fee is $249.00 in cash only. Credit card. And Personal check payments will not be accepted. CANCELLATION POLICY Since our presentation workshop hall is based on the size of attending audience, and we pay for the workshop/seminar hallin advance, all cancellations must be e m a i l t o studentsloanforgiveness@yahoo.com or to fslsolutions@yahoo.com no later than 72 hours to the start time of the workshop that you registered for. There will be absolutely no refund for cancellation received after this dead line to cancel. It is acceptable for you to ask someone to replace you or attend another workshop in future date at no cost, as long as this option is exercised prior to the 72 hours deadline. COURSE OBJECTIVES By the conclusion of this federal student Loans solutions workshop, each attendee will be able to: 1. Understand the terms used by professions, servicers and financial aid officers 2. Personally fill out student loans forms including FAFSA form without paying any professionals 3. Know the different types of federal student loans 4. Know the difference between

forbearance and deferment and which is best and why 5. Know when to request for ENTITLEMENT postponement of federal student loan repayment 6. Have direct access to federal student ENTITLEMENT request forms 7. Know their loan servicers, their websites and direct phone numbers 8. Know what type of loans to apply for (mostly high school or college bound students/parents 9. Know what is PUBLIC SERVICE LOAN PROGRAM and the type of employer to work for 10. Know what is federal student forgiveness and the requirements 11. Know whether your job or profession qualifies for student loan forgiveness or wipeout 12. Know what is SCHOOL BASED FEDRAL STUDENT LOAN and Forgiveness process SUGGESTED WORKSHOP AUDIENCE · Early childhood educators. · Registered Nurses and Legal practical nurse (LPN). · Foreign language specialists. · Librarians. · Certain highly qualified teachers. · Child welfare workers. · Speech-language pathologists and audiologists.

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· P u b l i c s a f e t y, e m e r g e n c y management, public health and public interest legal services workers. · Nutritional professionals. · Medical specialists. · Mental health professionals. · Dentists. · Those working in applied sciences, technology, engineering and mathematics. · Physical therapists and physical therapy assistants. · Superintendents, principals and other school administrators. · Occupational therapists and Certified Occupational therapy assistants. · The measure also includes a loan repayment program for nonprofit legal services attorneys who agree to serve in those roles for at least three years. · Practicing lawyers and medical doctors · Anyone with federal Student Loans · Anyone in the field of public services · Current College or University students (fresh person-seniors)

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· Parents who co-signedcollege loans for their children

other school-based services.

· Any person that have student loans that later became disabled

Sources: U.S Department of education, Federal Student aid website (studentaid.ed.gov), FAFSA –Free Application for Federal Student Aid (www.fafsa.gov), National Education servicing (Nationaled.net), Loan servicers' websites, Aspire Resources, Corner Stone, FSA/EdFinancial, Fedloan servicing (PHEAA), Granite State –GSMR, Great Lakes Educational, loan services, Inc., MOHELA, Nelnet, OSLA servicing, Sallie Mae, VSAC Federal Loans, student debt crisis (studentdebtcrisis.org), Huff post College (huffingtonpost.com)

· Anyone planning to file for bankruptcy that have Federal student loans · Anyone that work for a not for profit employer that provides the following public services -o Emergency management; o Military service; o Public safety; o Law enforcement; o Public interest law services; o Early childhood education (including licensed or regulated health care, Head Start, and state-funded prekindergarten); o Public service for individuals with disabilities and the elderly; o Public health (including nurses, nurse practitioners, nurses in a clinical setting, and full-time professionals engaged in health care practitioner occupations and health care support occupations); o Public education;

· High School students who plans to go to college or university

o Public library services; and

· Parents of current or future college students

o o

School library or

Indemnity You the workshop, seminar attendee agree to indemnify, defend and hold harmless FSL solutions, their successors, affiliates, each of their subsidiaries, officers, directors, employees, advertising and promotion agencies, representatives or agents (collectively the "Indemnified Parties") from and against any and all losses, liabilities, claims, obligations, damages, expenses or costs (including but not limited to attorney's fees) incurred by or made against any Indemnified Party arising from:(i) use of and access to FSL solutions Service, workshops, seminars (ii) violation of any of the Terms, policy or guidelines referred to herein (iii) violation of any third party right, including without limitation any Copyright, Property or Privacy right; or (iv) any claim that our Content caused damage to a third party. This defense and indemnification obligation will survive the Terms and use of the Services.

Solutions, Inc. FSL solution isa privately not for profit corporation. FSL solution is in the business of providing up to date advice on student loans. According to the U.S Department of Education, “A company charging for financial aid advice is not committing fraud unless it doesn't deliver what it promises.”FSL solution is focused on bringing public awareness to the current student loan situations in the United States of America. We primary provide advice through nation-wide seminars, workshops and alert the general public about student loans options available to them. At FSL solutions, we deliver accurate information to you the audience as we promised. FSL solutions is not affiliated with or endorsed by the U.S. Department of Education. FSL solutions is not affiliated or endorsed by any U.S department of Education approved or licensed Federal loan servicers or any governmental agency.FSL solution is in the business of providing up to date advice. According to the U.S Department of Education, “A company charging for financial aid advice is not committing fraud unless it doesn't deliver what it promises.” Student loan forgiveness programs can make it happen, but there's a problem. “There needs to be more awareness about these programs," says Betsy Mayotte, director of regulatory compliance at American Student Assistance, a nonprofit that helps borrowers manage their student debt-huffingtonpost.comJune 1, 2014

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