New Opportunity Opens for Student Loan Forgiveness

The U.S. Department of Education has issued new rules to expand access to Public Service Loan Forgiveness to thousands more student loan borrowers who have previously been denied loan forgiveness because of the type of loans they have, or repayment plans they were enrolled in. However, there is a limited time to take advantage of this – through October 31, 2022.

Our national union, the American Federation of Teachers has made it incredibly easy for our members to find out if they’re eligible and take the necessary steps to enroll with a free member benefit called Summer. Summer creates a personalized checklist to ensure you stay on track for loan forgiveness, provides borrower support to answer questions and better tailor recommendations based on your individual situation, and can even provide other options if Public Service Loan Forgiveness isn’t the right fit.

You can read more at www.aft.org/benefits/Summer, and from there you can create a free AFT Member Benefits account and start enrolling and saving with Summer. We can provide you assistance with gaining access to Summer if necessary. Email federation@pccffap.org for support.

Don’t wake up on November 1 and regret having missed the opportunity to have your loans forgiven – enroll in Summer today!

Need Help Managing your Student Debt?

Fellow Oregon AFT Local 3571, Portland State University Faculty Association (PSUFA) would like to extend an invitation to FFAP & FCE members who wish to join them for a Student Debt ClinicThursday May 1812-2pm, Art Building Room 240, 2000 SW 5th Ave.

While registration is capped at 50 participants, there are still spots available, enabling PSUFA to extend the invitation to fellow AFT members. Pre-register to attend PSUFA’s Student Debt Clinic (SDC) HERE.

The Student Debt Clinic (SDC) will provide attendees with a thorough overview of ways to lower monthly student loan payments through income-driven repayment plans, as well as how to qualify for total federal student loan forgiveness through the Public Service Loan Forgiveness (PSLF) program. These programs are relevant for Parent PLUS loan holders as well.

While these programs are only applicable to federal student loans, limited information will be available to assist people with private student loans. If you are unsure whether your loan is a federal loan, visit http://nslds.ed.gov/. You will have to log in, and this website will list all of your federal student loans.

If you have any questions, please contact our Staff Organizer, Mary Sykora at mary.sykora@pccffap.org.

Thank you, and we hope that you will be able to attend!

In solidarity,

Mary