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Federal Student Loan Repayment Program

Who It’s For: Highly qualified federal employees, at the discretion of their employing agency.

How to Apply: Contact your federal employer to find out if you are eligible for this program. If so, you will need to agree to a service period of at least 3 years.

What Loans Qualify: Any federal student loans.

How Much?: Up to $10,000, up to a maximum of $60,000 per year.

Anything Else I Should Know?:  If you’re working for a federal employer, you may qualify for Public Service Loan Forgiveness as well. Make sure you review both options carefully and determine which option(s) best suit your specific situation.