Federal Student Loan Forgiveness 2023

Federal Student Loan Forgiveness 2023

Here are some easy steps to get student loan forgiveness/relief for 2023

Federal Student Loan Forgiveness 2023

If you are student and have taken loan then this is the happiest moment for you.

Federal Student Loan Forgiveness 2023

Federal Student Loan Forgiveness is offered through the U.S Department of Education as part of Biden Administration.

A student is awarded a Federal Pell Grant in college and also meets the requirement for income then they can get up to $20,000 in debt relief through the U.S Department of Education as part of Biden Administration.

If student did not receive a Federal Pell Grant then they can get up to $10,000 in debt relief if they meet the income requirement.

Federal Student Loan Forgiveness 2023

This is to your kind information, the Federal Student Loan Forgiveness Program applies only to the balances of loan that you held prior to June 30, 2022.

Income Requirement Criteria

1. Did Not File Taxes: If less than the requirement income 2. For Single Student: Filed your taxes under $125,000

Income Requirement Criteria

3. For Married Student: Filed your taxes separately under $125,000 4. For Married Jointly: Filed your taxes Jointly under $250,000

Income Requirement for Household

Filed taxes under $250,000

Income Requirement for Qualifying Widow(er)

Filed taxes under $250,000