Student Loan Forgiveness 2024 Save Plan Application. Under save, your remaining balance will be forgiven after 20 or 25 years (you may qualify for forgiveness after 20 years if the loans being repaid under the save plan include only loans you received to pay for undergraduate study, whereas you may qualify for. How to submit biden's student loan forgiveness application.

The administration continues to encourage borrowers to sign up for the save plan at studentaid.gov/save to save money on their monthly payments and reach loan. You may qualify for student loan forgiveness of some or all of the balance of your federal student loans if you perform certain types of qualifying employment and make a.