The student loan forgiveness application is officially live! ⁠ Who qualifies? ⁠ ⁠ You're eligible for up to $10,000 in relief if: ⁠ 1) your income was below $125,000 ($250,000 if filed jointly) for 2020 or 2021. ⁠ 2) you did not receive a Pell Grant during college. ⁠ 3)you have undergrad direct loans; PLUS graduate loans; government-owned Perkins loans or government-owned loans under FFELP. ⁠ 4) your loans must have been disbursed by June 30. 2022⁠ ⁠ Those eligible for up to $20,000 in relief:⁠ 1) you qualify for the above requirements except for not receiving a Pell Grant⁠ 2) you received a Pell Grant during college. You can find this out by logging onto the Nation Student Loan Data System website or Federal Student Loan website using your FSA ID.⁠ 3) only undergrad debt is eligible for the additional $10,000 in cancellation. ⁠ ⁠ If you applied during the beta testing, you don't need to do anything else. ⁠ ⁠ Expect to receive relief within six weeks. You'll be notified through your servicer. #studentloan #studentloanforgiveness #studentloans #studentdebt