[Faculty] Subject: (Academic Council) Public Service Loan Forgiveness at UC

[Senate]

UC Academic Senate Members and Employees:

This information is transmitted to Academic Senate members (including retirees) regarding Public Service Loan Forgiveness. Note that President Biden's actions this week did not extend the October 31 deadline for applying for expanded eligibility for Public Service Loan Forgiveness.

If you have federal student loans (including parent loans), you are likely eligible for cancellation of your entire remaining federal debt following 10 years of working full-time for UC (or another qualifying employer) and making loan payments. Eligibility for the Public Service Loan Forgiveness (PSLF) program has been expanded under a time-limited waiver that currently expires October 31, 2022. Even borrowers who were previously ineligible or missed payments can now receive PSLF. Note that it is critical to start the application process now since it takes time to get the necessary paperwork from UC and the U.S. Department of Education.

Please visit the UC Public Service Loan Forgiveness (PSLF) page here<https://ucnet.universityofcalifornia.edu/working-at-uc/public-service-loan-forgiveness.html> to check your eligibility and start your application. We expect a surge of applicants who will need their UC employment certified well before the October 31 deadline, so it is important to apply right away.

For more information, please attend one of two town halls on August 31 at 10 AM and 2 PM. For details and registration, see the UC Public Service Loan Forgiveness (PSLF) page at: https://ucnet.universityofcalifornia.edu/working-at-uc/public-service-loan-forgiveness.html. You must register before you are able to attend the town halls. Please note that even though these town halls are being hosted by Fidelity, the speakers will be experts from the U.S. Department of Education and UC faculty.

/s/ Jason
Jason Stajich
Riverside Division Academic Senate Chair
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