Here’s how you can apply for student loan forgiveness

Oct 17, 2022, 2:53 AM | Updated: Oct 18, 2022, 6:55 am
President Joe Biden answers questions with Education Secretary Miguel Cardona as they leave an even...

President Joe Biden answers questions with Education Secretary Miguel Cardona as they leave an event about the student debt relief portal beta test in the South Court Auditorium on the White House complex in Washington, Monday, Oct. 17, 2022. (AP Photo/Susan Walsh)

(AP Photo/Susan Walsh)

WASHINGTON (AP) — President Joe Biden on Monday officially kicked off the application process for his student debt cancellation program, opening the door for millions of Americans to apply for up to $20,000 in forgiveness. The Biden administration touts it as a simple, straightforward application that should only take about five minutes. Here’s how to apply.

Go to studentaid.gov and in the section on student loan debt relief, click “Apply Now.”

Be ready to type in some basic personal information. The form asks for: name, Social Security Number, date of birth, phone number and email address. It does not require documentation about your income or your student loans.

Next, review the eligibility rules and confirm that you’re a match. For most people, that means attesting that they make less than $125,000 a year or that their household makes less than $250,000 a year. If you meet the eligibility rules, click the box confirming that everything you provided is true.

Click “Submit.”

After the form is submitted, the Biden administration says it should take four to six weeks to process. The Education Department will use its existing records to make sure your loans are eligible and to look for applicants who might exceed the income limits. Some will be asked to provide additional documentation to prove their incomes. The Education Department estimates that the verification application will take about half an hour, including time to review and upload tax documents.

Most borrowers who apply before mid-November should expect to get their debt canceled before Jan. 1, when payments on federal student loans are scheduled to restart after a pause during the pandemic.

Things could get more complicated, depending on the outcomes of several legal challenges. The Biden administration faces a growing number of lawsuits attempting to block the program, including one filed by six Republican-led states. A federal judge in St. Louis is currently weighing the states’ request for an injunction to halt the plan. Biden on Monday said he’s confident that the suit will not upend the plan. “Our legal judgment is that it won’t,” he said, “but they’re trying to stop it.”

___

The Associated Press education team receives support from the Carnegie Corporation of New York. The AP is solely responsible for all content.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

FILE - An election worker verifies a ballot on a screen inside the Maricopa County Recorders Office...
Associated Press

Arizona counties face deadline to certify 2022 election

PHOENIX (AP) — Six Arizona counties must decide Monday whether to certify 2022 election results amid pressure from some Republicans not to officially approve a vote count that had Democrats winning for U.S. Senate, governor and other statewide races. Election results have largely been certified without issue in jurisdictions across the country. That’s not been […]
22 hours ago
FILE - House Minority Leader Kevin McCarthy of Calif. speaks at a news conference on Capitol Hill i...
Associated Press

McCarthy’s pursuit of speaker’s gavel comes at a high cost

WASHINGTON (AP) — Republican leader Kevin McCarthy is in the fight of his political life, grinding through the promises and proposals, cajoling and deal-making necessary to win over reluctant colleagues whose support he needs to become House speaker. Every new commitment from McCarthy can be seen as a potentially strategic move, intended to quell skeptics […]
22 hours ago
FILE - Britain's Prince William and Kate, Duchess of Cambridge visit the Church on the Street in Bu...
Associated Press

Sibling unease dogs Prince William’s ‘Earthshot’ US trip

LONDON (AP) — Prince William and the Princess of Wales will be looking to focus attention on their Earthshot Prize for environmental innovators when they make their first visit to the U.S. in eight years this week, a trip likely to be dogged by tensions with Prince Harry and his wife, Meghan, who have criticized […]
22 hours ago
FILE - Gas lamps illuminate St. Louis' Gaslight Square on April 2, 1962. "Gaslighting" — mind man...
Associated Press

What headline? ‘Gaslighting’ Merriam-Webster’s word of 2022

NEW YORK (AP) — “Gaslighting” — mind manipulating, grossly misleading, downright deceitful — is Merriam-Webster’s word of the year. Lookups for the word on merriam-webster.com increased 1,740% in 2022 over the year before. But something else happened. There wasn’t a single event that drove significant spikes in the curiosity, as it usually goes with the […]
22 hours ago
Associated Press

Today in History: November 28, deadly Cocoanut Grove fire

Today in History Today is Monday, Nov. 28, the 332nd day of 2022. There are 33 days left in the year. Today’s Highlight in History: On Nov. 28, 1942, fire engulfed the Cocoanut Grove nightclub in Boston, killing 492 people in the deadliest nightclub blaze ever. (The cause of the rapidly spreading fire, which began […]
22 hours ago
A currency trader stretches at the foreign exchange dealing room of the KEB Hana Bank headquarters ...
Associated Press

Asian shares fall as China protests, lockdowns cloud outlook

BANGKOK (AP) — Shares skidded in Asia on Monday, with Hong Kong briefly dipping more than 4% following weekend protests in various cities over China’s strict zero-COVID lockdowns. U.S. futures were lower after a mixed, shortened session Friday on Wall Street. Oil prices fell more than $2 a barrel. The unrest in China is the […]
22 hours ago

Sponsored Articles

SHIBA WA...

Medicare open enrollment is here and SHIBA can help!

The SHIBA program – part of the Office of the Insurance Commissioner – is ready to help with your Medicare open enrollment decisions.
Lake Washington Windows...

Choosing Best Windows for Your Home

Lake Washington Windows and Doors is a local window dealer offering the exclusive Leak Armor installation.
Anacortes Christmas Tree...

Come one, come all! Food, Drink, and Coastal Christmas – Anacortes has it all!

Come celebrate Anacortes’ 11th annual Bier on the Pier! Bier on the Pier takes place on October 7th and 8th and features local ciders, food trucks and live music - not to mention the beautiful views of the Guemes Channel and backdrop of downtown Anacortes.
Swedish Cyberknife Treatment...

The revolutionary treatment of Swedish CyberKnife provides better quality of life for majority of patients

There are a wide variety of treatments options available for men with prostate cancer. One of the most technologically advanced treatment options in the Pacific Northwest is Stereotactic Body Radiation Therapy using the CyberKnife platform at Swedish Medical Center.
Work at Zum Services...

Seattle Public Schools announces three-year contract with Zum

Seattle Public Schools just announced a three-year contract with a brand-new company to the Pacific Northwest to assist with their student transportation: Zum.
Swedish Cyberknife 900x506...

June is Men’s Health Month: Here’s Why It’s Important To Speak About Your Health

According to the Centers for Disease Control and Prevention, men in the United States, on average, die five years earlier than women.
Here’s how you can apply for student loan forgiveness