The Public Service Loan Forgiveness (PSLF) program erases the student loan debt of people who work for certain employers. As a state government institution and public university, NIU is a qualifying employer for this program. If you work for NIU, you may be eligible to have your student loan debt forgiven. For more information about PSLF, visit the Federal Student Aid website.
William D. Ford Federal Direct Loans are eligible for PSLF. You may consolidate non-direct loans into a Federal Direct Consolidation Loan. Perkins Loans and Pell Grants aren't eligible. If you consolidate your Direct Loans with these, you won't qualify for PSLF.
To qualify for PSLF, you must:
Have made 120 qualifying payments while working for a qualifying employer.