facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast blog search brokercheck brokercheck

STUDENT LOAN DEBT RELIEF

The following steps may be helpful to determine if you're eligible for Student Loan Debt Relief:

  1. Check your eligibility on StudentAid.gov
  2. Make sure you’re signed up for email updates on StudentAid.gov
  3. Student Loan Debt Relief Application submit application

Step 1: Check if you're eligible

You're eligible for student loan debt relief if your annual federal income was below $125,000 (individual or married, filing separately) or $250,000 (married, filing jointly or head of household) in 2020 or 2021.

  • $20,000 in debt relief: If you received a Pell Grant in college and meet the income threshold, you'll be eligible for up to $20,000 in debt relief.
  • $10,000 in debt relief: If you did not receive a Pell Grant in college and meet the income threshold, you'll be eligible for up to $10,000 in debt relief.

Step 2: Prepare

Here's what you can do to get ready and to make sure you get our updates:

Step 3: Submit your application

The application Student Loan Debt Relief Application.

Government website being updated with the latest information: https://studentaid.gov/debt-relief-announcement/one-time-cancellation