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What is an Eligible Employer?

Note: It does not matter who makes the payment as long as one full installment payment is made per month.

  • Must be made on time (within 15 days of the due date)
  • Must be made after October 1, 2007
  • Cannot be made while in default, deferment, forbearance, during your grace period, or while you are in an in-school status
  • Must be made while working full time for an eligible employer
  • Must be made on a federal Direct Loan