Biden’s Student Loan -5 Tips Need to Know Before You Submit

Biden’s Student Loan -5 Tips Need to Know Before You Submit

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By-Amber

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For Biden's new student loan forgiveness programme, the Education Department has made an online application available.

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Forgiveness of $20,000 of federal student loans that the government manages.

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You can access the application here on the StudentAid.gov website.

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Using their FSA ID, which serves as both a username and a password. Just complete the online form, digitally sign it, and submit it.

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Simple information collection is required from borrowers (name, contact details, and personal identifying information like their Social Security number and date of birth).

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To be eligible for student loan forgiveness under Biden's plan, they must also swear under penalty of perjury that their income in either 2020 or 2021 was less than $125,000 (or less than $250,000 if they are married).

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