If you work in public service, whether for the government or a nonprofit organization, the Public Service Loan Forgiveness Program (PSLF) might be right for you. Those working in nursing, government, police, fire departments, and social work are all possible candidates. Other forms of voluntary work, military service, or medical practice can also allow you to have all or part of your loans forgiven.A requirement of 120 qualifying payments needs to be made to be eligible for loan forgiveness. To make a qualifying payment, you must pay the loans' minimum charge on time while employed by an authorized organization, which is typically the federal, state, or local government or a tax-exempt charitable agency. As such, you will be considered eligible after ten years on the job and ten years of monthly payments.

One consideration of getting into an income-driven repayment plan (IDR) is student loan forgiveness. It can be appealing to pay and have the rest forgiven. However, there are certain conditions you need to fulfill in an IDR to qualify. Understanding them can lead you to decide whether it is the move for you.

You’ll need to maintain an Income-Driven Repayment Plan for 20-25 years. After paying it consistently, the government will forgive the rest no matter the balance remaining. How long you’ll have to pay will depend on the plan you choose.

Here’s a summary of each, according to IBR Info:
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- ICR: pay 20% of discretionary income and a 12-year repayment amount multiplied by an income percentage factor. You’ll have to pay for 25 years. It applies to all Direct Loan borrowers with no PFH required.
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- PAYE: Pay 10% of discretionary income for 20 years. It applies to all borrowers who took out a loan after Sept 30, 2007, and one other loan after Sept 30, 2011. Must have a PFH
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- IBR: 10% of discretionary income for 20 years. Applies to people who took their loan on or after July 1, 2014. Must have a PFH.
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- REPAYE: pay 10% of discretionary income for 20 years, or 25 years if you are in graduate debt. No proof of partial financial hardship (PFH) is required.

You’ll need to maintain an Income-Driven Repayment Plan for 20-25 years. After paying it consistently, the government will forgive the rest no matter the balance remaining. How long you’ll have to pay will depend on the plan you choose.

Here’s a summary of each, according to IBR Info:
‍
- ICR: pay 20% of discretionary income and a 12-year repayment amount multiplied by an income percentage factor. You’ll have to pay for 25 years. It applies to all Direct Loan borrowers with no PFH required.
‍
- PAYE: Pay 10% of discretionary income for 20 years. It applies to all borrowers who took out a loan after Sept 30, 2007, and one other loan after Sept 30, 2011. Must have a PFH
‍
- IBR: 10% of discretionary income for 20 years. Applies to people who took their loan on or after July 1, 2014. Must have a PFH.
‍
- REPAYE: pay 10% of discretionary income for 20 years, or 25 years if you are in graduate debt. No proof of partial financial hardship (PFH) is required.

You’ll need to maintain an Income-Driven Repayment Plan for 20-25 years. After paying it consistently, the government will forgive the rest no matter the balance remaining. How long you’ll have to pay will depend on the plan you choose.

Here’s a summary of each, according to IBR Info:
‍
- ICR: pay 20% of discretionary income and a 12-year repayment amount multiplied by an income percentage factor. You’ll have to pay for 25 years. It applies to all Direct Loan borrowers with no PFH required.
‍
- PAYE: Pay 10% of discretionary income for 20 years. It applies to all borrowers who took out a loan after Sept 30, 2007, and one other loan after Sept 30, 2011. Must have a PFH
‍
- IBR: 10% of discretionary income for 20 years. Applies to people who took their loan on or after July 1, 2014. Must have a PFH.
‍
- REPAYE: pay 10% of discretionary income for 20 years, or 25 years if you are in graduate debt. No proof of partial financial hardship (PFH) is required.

We are not a student loan debt relief company.
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Chipper does:
1. Offer to help student loan borrowers manage their student loans, understand their options, and track progress toward becoming free of their student loans.
2. Offer to help student loan borrowers manage their student loans, understand their options, and track progress toward becoming free of their student loans.look for and display available income-driven repayment plans for you to choose from, based on information you provide to us.assess your eligibility for student loan forgiveness against the criteria set by the government.guide you toward becoming forgiveness eligible by regurgitating the criteria set forth by the government in a way that is digestible and understandable.help you complete the forms and enroll in the repayment plans you choose.offer a Round-Ups program that helps borrowers make additional micro-payments directly to their student loans, reducing the amount of interest accrued each month. Chipper does not:
manage your student loan repayment. Not even for a fee. You maintain the payment structure and relationship with your loan servicer(s).guarantee loan forgiveness. Chipper cannot make that decision on behalf of the government.charge you a fee to use the platform during the moratorium.take any action that you don't authorize, such as submit your forms to the government.advise student loan borrowers to stop paying their loans.We built a tool to help student loan borrowers navigate an overwhelming and confusing process.
Should you want to explore your options, we're here to help. We can be reached at support@chipper.app. Have a great day!