The Public Service Loan Forgiveness program has expanded eligibility for some borrowers with the Congressional spending bill signed by President Trump last week.
Many administrators, teachers and other employees of public schools have several federal student loan forgiveness programs they may be eligible for. Some student loan borrowers, who were ineligible for one program because they were not in an income driven repayment plan, may now qualify. The recent spending bill provides an additional $350,000,000. to fund the program. The new dollars will be doled out on a first-come, first-served basis, until the money runs out. So get the information you need and get your application in ASAP.
You can contact Andrew Buttelman to answer questions and get guidance.
Andrew Buttelman CRC,CLTC
Registered Representative
Lincoln Investment
640 Johnson Ave, Suite 204
Bohemia, NY 11716
Office: 631-244-8201
Fax: 631-244-8238
Cell: 631-235-4932
Article: Student loan forgiveness gets one-shot, $350M boost