PUBLIC SERVICE LOAN FORGIVENESS PROGRAM
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To: All Executive Branch Employees
From: Ronald J. Arigo, Chief Human Resources Officer
Date: September 5, 2018
Re: ANNOUNCEMENT: Public Service Loan Forgiveness Program (PSLF)
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As you may know, in 2007 the U.S. Department of Education began offering a Public Service Loan Forgiveness Program for certain federal student loans to encourage people to pursue careers in the public sector and at non-profit organizations.
You may be eligible for this program if you meet the following criteria:
- Have at least 10 years of full-time service at the Commonwealth, other government organizations at any level (federal, state, local, or tribal), or qualified non-profit organizations.
- Hold certain federal loan(s) requiring more than 10 years to be paid. Some shorter loans can be consolidated and extended to qualify.
- Have an unpaid balance after 10 years of repayment. The remaining balance is what may be eligible for the loan forgiveness.
The Employee Service Center can now process requests for employment certification. I would encourage those who may be eligible to pursue taking advantage of this valuable program by filling out the Employment Certification for Public Service Loan Forgiveness Form using the following link:https://massit.onbaseonline.com/CustomServicePortal/Home/FormPublicServiceLoanForgiveness
For additional information, visit the Public Service Loan Forgiveness Program website or call FedLoan Servicing at 855-265-4038.
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