Public Service Student Loan Forgiveness 2024 Eligibility. You may qualify for student loan forgiveness of some or all of the balance of your federal student loans if you perform certain types of qualifying employment and make a. The public service loan forgiveness program was created in 2007, promising college graduates that the remainder of their federal student loans would be zeroed out after.

To become eligible for the adjustment, borrowers with privately held perkins or ffel program loans had to submit a direct consolidation loan application. Secretary of education miguel cardona announced an extra $4.5 million for the public service loan forgiveness (pslf) program during his visit to atlanta.