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I’m an AmeriCorps alum and have been paying down my student loan for several years. Will my previous payments count towards PSLF?

Published 12/20/2010 05:41 PM   |    Updated 01/09/2011 11:32 PM
I'm an AmeriCorps alum and have been paying down my student loan for several years. Will my previous payments count towards PSLF?
It depends. For your payment to qualify for PSLF it must be a payment made while you are employed full-time by a public service organization or serving in a full-time AmeriCorps or Peace Corps position, and must be made on a Direct Loan or Direct Consolidation Loan in a 10-year standard, income-based, or income-contingent repayment plan made on or after October 1, 2007.3 Any payment made prior to October 1, 2007 does not count towards public service loan forgiveness.
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