Online Application For Student Loan Forgiveness For Eligible Borrowers Students Latest News Update 2022–2023

President Joe Biden announced that most federal student loans will be eligible for forgiveness of up to $10,000

As per the department spokesperson, borrowers' balances may be reduced or eliminated by the end of the year.

The application for student loan forgiveness could be available within the next few weeks and up to 31/12/2023

Borrowers earning less than $125,000 per year, as well as married couples or heads of households earning less than $250,000.

Check to see if your loan type is eligible by going to and logging in with your FSA ID.

You should have all relevant records at hand in case you fall into the same category as someone who's eligible.

Borrowers can sign up now on the Education Department’s website for updates on student loan forgiveness.