[Oasfaa] Simplified Payment Qualifications, Reduced Barriers to Forgiveness, and a Second Chance for Denied Applicants: How the PSLF Overhaul Will Impact Borrowers

[Boyd, Lori]

Simplified Payment Qualifications, Reduced Barriers to Forgiveness, and a Second Chance for Denied Applicants: How the PSLF Overhaul Will Impact Borrowers<https://nam04.safelinks.protection.outlook.com/?url=http%3A%2F%2Fnasfaa.informz.net%2Fz%2FcjUucD9taT0xMDI1Mzg2MSZwPTEmdT0xMDA3MDA3NjE0JmxpPTkwMDM1MzMw%2Findex.html&data=04%7C01%7Clori.boyd%40okstate.edu%7Ca09a9b5295284935c1ed08d9898a730a%7C2a69c91de8494e34a230cdf8b27e1964%7C0%7C0%7C637692050022152121%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=JUVVebfR%2Ffgd%2BfjPbILdOO2rXLSeqUjhcH7EwSTp%2Fbw%3D&reserved=0>

On Wednesday evening, Department of Education (ED) leadership participated in a town hall detailing significant changes to the Public Service Loan Forgiveness (PSLF) program that were announced earlier in the day. During the town hall event Wednesday night, Education Secretary Miguel Cardona said borrowers "shouldn't have to jump through hoops. If you give 10 years of service to the community, you should have loans forgiven." Regulatory changes for PSLF are anticipated to come through the ongoing negotiated rulemaking process in tandem with actions taken and announced by ED through its emergency authority that aim to reimagine the program and how it operates for those working in the public service sector.


Time to file the 2022-2023 FAFSA! Application open now at fafsa.gov<https://nam04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fstudentaid.gov%2Fh%2Fapply-for-aid%2Ffafsa%2F&data=04%7C01%7Clori.boyd%40okstate.edu%7Cf6b926163caa4c7cbca908d984e794f2%7C2a69c91de8494e34a230cdf8b27e1964%7C0%7C0%7C637686952452523710%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=Btaw7dt4t2h5j3mgXAd8BFEkiOEYilP%2BNPu9T7VW%2FLw%3D&reserved=0>!


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LORI BOYD
ASSISTANT DIRECTOR OF
FISCAL OPERATIONS

Office of Scholarships and Financial Aid
405.744.8730 * 119 Student Union * finaid.okstate.edu<https://nam04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fgo.okstate.edu%2Fscholarships-financial-aid%2Findex.html&data=02%7C01%7Clori.boyd%40okstate.edu%7Cfcfeed9a6b784060435408d715e51342%7C2a69c91de8494e34a230cdf8b27e1964%7C0%7C0%7C637001945918217346&sdata=BwzGz5gMsxJvdRDVhin%2BcD78kNgHFZrYqLK4pdlTeTw%3D&reserved=0>
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