Dear Employers and HR Professionals,
As a non-profit or service organization, your employees may be eligible for a crucial employment benefit – Public Service Loan Forgiveness (PSLF). With proper eligibility and verification, PSLF forgives the remaining balance on employee Federal Direct Student Loans after participants have made 120 qualifying on-time, monthly payments under a qualifying repayment plan while working full-time for a qualifying employer.
Despite the good intentions of the program, the technicalities of qualifying for loan forgiveness can be a burden for employers and employees alike. If accurate information is not provided, the loan forgiveness may be endangered, resulting in a frustrated and unhappy employee.
Every dollar counts to non-profits, so you probably don’t have the financial resources to invest into developing an internal system to help employees remain eligible for this program. That is why we would like to introduce you to the benefits of outsourcing employment verification. In fact, i2Verify, the employment verification experts, has put together a handy e-book, “The Ultimate Guide to Public Service Loan Forgiveness” to help you better understand your role in maintaining program eligibility for your valued employees. Topics in this easy-to-read guide include:
What is PSLF and how does it work?
How do employees qualify for PSLF?
Which non-profits need to provide employment verification?
How do employers certify employment for PSLF?
How i2Verify’s HR tool reduces time spent completing forms.
We’ll show you how to solve employment verification challenges without adding more work to your already busy day. At i2Verify our goal is to simplify the process, ensuring everyone benefits. Find out how employment verification can support student loan forgiveness for your employees by downloading this free guide.