No. While we’d love to be able to do that with 100% certainty, there are a LOT of requirements for PSLF. Receiving a result from this calculator does not mean that you’re eligible to receive forgiveness from PSLF. Generally, you must meet some main requirements for PSLF, including:
- Be employed full-time in an eligible job (nonprofit and government jobs generally qualify)
Make payments towards a loan or loans in the Direct Loan program
Make 120 qualifying payments after October 1, 2007
Again, there are a TON of requirements for PSLF, so be sure to read them over carefully.
If you believe you are eligible for PSLF, it’s recommended that you submit the Employment Certification for Public Service Loan Forgiveness form. When you do this, the Dept. of Education will let you know if, in fact, you do qualify and are making qualifying payments towards PSLF.