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As POPA prepares to bargain a new collective bargaining agreement covering all POPA employees, we have information for POPA-covered employees.
Do you have a federal student loan? If so, you may be able to benefit from temporary changes made to the Public Service Loan Forgiveness (PSLF) program. These changes, called the “Limited PSLF Waiver,” are helping borrowers more easily get their loans forgiven – but if you haven’t already applied for PSLF, you must submit a PSLF form and/or consolidate your non-Direct federal student loans by October 31 to get the benefit.
The Public Service Loan Forgiveness (PSLF) program, which allows employees in public service positions to have the remaining balance of their student loans forgiven after 120 months of payments while employed by an eligible employer, has been temporarily expanded. Until October 31, you have the opportunity to consolidate your federal student loans, including FFEL and Perkins loans, into a Direct consolidation loan, and have prior payments made under otherwise ineligible loans or repayment plans count towards loan forgiveness. Late payments, as well as payments for less than the full amount due, will also count. After October 31, such payments will no longer be credited towards forgiveness under PSLF.
POPA has been fielding numerous questions regarding internet service reimbursement during this transition time. We hope this email clarifies the process. Please refer to agency emails that contain additional details and requirements. These are highlights only.