Little-Known Student Loan Forgiveness Programs Still Active in 2024

While federal student loan forgiveness programs like Public Service Loan Forgiveness (PSLF) grab headlines, dozens of lesser-known options remain available in 2024. This guide explores niche programs and updated policies that could save borrowers thousands.

1. Federal Forgiveness Programs You Might Have Missed

Temporary Expanded PSLF (TEPSLF)

• Eligibility: Borrowers denied under original PSLF rules due to loan type
• 2024 Update: $700M in remaining funds as of March 2024
• Key Requirement: Must have applied for PSLF first

Closed School Discharge

• 2024 Impact: Applies to students at 23 newly closed institutions
• Automatic Relief: 180,000 borrowers approved since 2021

2. Occupation-Specific Forgiveness Programs

Teacher Loan Forgiveness

• Enhanced Benefits: Up to $17,500 for STEM teachers in Title I schools
• State Partnerships: 34 states now offer matching funds

Healthcare Worker Programs

• NHSC Loan Repayment Program: Up to $100k for 5-year service commitment
• Rural Physician Relief: 40+ state-specific initiatives

3. State-Based Forgiveness Initiatives

4. Military & Veteran Benefits

• Total Permanent Disability (TPD) Discharge: Automatic approval expansion
• SCRA Interest Cap: 6% rate reduction during active duty

5. Income-Driven Forgiveness Updates

• New REPAYE Plan: Payments as low as 5% discretionary income
• Forgiveness Timeline: 10 years for balances under $12k

6. Nonprofit & Government Worker Options

• Extended PSLF Waiver: Limited-time account consolidation until April 2024
• AmeriCorps Segal Awards: $6,895/year education award

How to Avoid Scams (FTC-Approved Tips)

1. Never pay upfront fees for forgiveness help
2. Verify .gov domain for applications
3. Check official StudentAid.gov alerts

Success Story: $87,000 Forgiven Through PSLF

"After 14 years of payments, TEPSLF cleared my remaining balance within 90 days. Persistence with paperwork paid off." - Sarah T., Social Worker

Critical Deadlines

• PSLF Limited Waiver: Expired but still processing backlog
• Borrower Defense: No deadline for fraud claims

Expert Recommendations

1. Submit Employment Certification Forms annually
2. Consolidate FFEL loans before 2024 rule changes
3. Track payments through FSA Dashboard

Common Mistakes to Avoid

• Missing recertification deadlines for IDR plans
• Assuming automatic forgiveness qualification
• Overlooking tax implications in some states

Next Steps for Applicants

1. Download your NSLDS data file
2. Create FSA ID if unavailable
3. Consult free Student Loan Advocate Network counselors

All programs subject to federal funding availability. Verify details at StudentAid.gov before applying.