The Education Department has paused the processing of applications for student loan forgiveness by borrowers who work in public service jobs for about two months as it updates its systems and seeks to fix the problems plaguing its forgiveness program.
The pause for the Public Service Loan Forgiveness program began May 1, the department’s Office of Federal Student Aid said.
Borrowers can still submit applications and all other forms, like those documenting their eligibility, but they won’t be processed until the pause ends in July, the office said.
In a recent blog post, it called the changes “an exciting and necessary step” that would lead to faster reviews of applications.
During and after the pause, the 2.2 million borrowers working toward loan forgiveness in the public service program will continue to make loan payments on their assigned loan servicer’s website, the department said.
Organizations:
Department, Public, Federal Student Aid, Education Department