TLF
What do the forgiveness amounts range from?
$5k to $17,500.00
The Limited PSLF Waiver, which temporarily waived certain requirements of the PSLF program, ended _____________.
10/31/2022
You should only offer _______ if THF time is exhausted.
FDN - Processing Forbearance
What is the time limit for the D14?
There is no time limit.
Are the forgiveness amounts taxable?
No
What is the fastest and most convenient way to apply for PSLF?
PSLF Help Tool
What is a one-time only courtesy forbearance used to bring account current?
FRD - Rolling Delinquency Forbearance
What is granted to students enrolled in a course of study that is part of a DOE-approved rehab training program for disabled students?
Rehab Training Deferment
What information do I need to fill out the debt relief application?
Just your social security number
We cannot accept a future date for dates of teaching servicer. True or False?
True
How long does it normally take for MOHELA to assess the qualifying payments?
60-90 days
What might get applied due to various updates from COD?
FDL
What is the SLSS code for the Missing Person Forbearance?
FAN
For what years do I need to meet the income requirements for debt relief?
Either 2020 or 2021
To be eligible, you must be a classroom teacher for 5 consecutive years at what type of school?
Title I
Qualifying employment is not about the specific job. It is about who ___________________.
your employer is
What is applied when a borrower requests the administrative forbearance for the Borrower Defense to Repayment Discharge via the hotline or website?
FTD
What form do DL borrowers look for on our website for FIR?
Mandatory Forbearance Form
6/30/2022
What typically counts as a Chief Admin Officer for the TLF application?
Principal, Asst Principal, Superintendent, etc.
When do FFEL or Perkins loan borrowers need to consolidate by in order to benefit from PSLF?
5/1/2023
If a borrower requests a repayment change, we may use the ____ to cover the delinquency, but then immediately follow it with a ______ to allow a 30-day window for billing.
FBR; FJA
What information will Loan Servicing attempt to verify with a third party for the Missing Person Forbearance?
What happens if I still have a loan balance after debt relief is applied?
If you still have a loan balance after the maximum amount of debt relief is applied, your monthly payment will be recalculated based on your new balance (that process is called reamortization), and that could potentially reduce your monthly payment. Your loan servicer will let you know what your new payment amount is. No payments are required until after the payment pause ends on Dec. 31, 2022.