The Insider's Guide to PSLF
Stop paying for
PSLF help.
Others charge up to $600 a year for this information. We provide it for free because the path to loan forgiveness is costly enough—you shouldn't have to pay to understand it.
Process
The 3-Step Cheatsheet
We’ve simplified the process into three easy steps.
Verify Your Employment
You must work full-time for a government organization or 501(c)(3) non-profit.
Pro Tip
It's not about your job title (e.g., “Nurse”) it's about who pays you (e.g., “Non-Profit Hospital” vs. “Private Practice”).
Action
Use the PSLF employer search to find out if your employer is qualified.
Check Your Loans
You must have a federal Direct loan on an IDR or 10-year Standard plan.
Warning!
If you are on the Standard repayment plan, you might be wasting months of payments.
Action
Put your federal Direct loans on an eligible IDR plan.
Submit the Form
You'll need to gather employer info and get their signature.
Pro Tip
Check your W-2 for employer EIN, official name, and address. New Way: E-sign.
Action
Use the PSLF Help Tool to send the form directly to your HR department.
PSLF requires
120 payments.
You don't have to pay them yourself.
PSLF takes 10 years of repayment. Even on an income-driven plan, that monthly bill eats into your paycheck. Did you know your employer can make those payments for you?
IRS Section 127
Under the tax code, employers can contribute up to $5,250 tax-free toward your student loans.
The Standard Way
$200
Monthly Payment
- Counts toward 120 payments
- Paid by you
- Money lost to student loans
The Paidly Way
$0
Cost to You
- Counts toward 120 payments
- Paid by your employer
- Money saved for whatever you want
Paidly manages the entire payment process for your company.
Want your employer to cover your PSLF payments?
We'll send them an info package on how offering student loan benefits helps both their workforce and their bottom line.
100% Anonymous. We never share your info.