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Department of Education Prepares to Verify Qualifying Public Service Employment!

April 15, 2011 3 comments

Happy Day!  The Department of Education today published in the Federal Register an Employment Certification for Public Service Loan Forgiveness form.

And the Department of Education will verify that employers qualify as public service organizations!  Fantastic!  We’ve been trying to get his to happen since the day the College Cost Reduction and Access Act passed, more than 4 years ago.

There’s more!  The Department of Education will review the forms that are submitted, will verify qualifying employment AND will notify borrowers in writing of the number of qualifying payments made and the remaining number of qualifying payments for public service loan forgiveness.

No need to start filling out forms just yet, y’all.  There is a 90-day period of public comment on this bad boy before it becomes final.  My comments will be “good job” and “thanks so much.”

I’ll probably just bite my tongue on the whole “it’s about time” part.

Stand by for more from me on when and how to use this new process.