Overseas Tax Services

US Income Tax Preparation for Americans Living Abroad

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Student Loan Forgiveness

You could be eligible for student loan debt relief. If you received the Federal Pell Grant, you are eligible for up to $20,000 in relief and $10,000 for non-Pell Grant recipients. According to Federal Student Aid, if you’re an individual that made less than $125,000 in 2020 & 2021 or families that made less than $250,000 in 2020 & 2021, you are eligible for loan forgiveness. The application takes less than 5 minutes to complete and does not require submitting any documentation. For more information on student loan forgiveness, click here: https://studentaid.gov/manage-loans/forgiveness-cancellation

As of 10/21/2022 student loan forgiveness has been halted but is expected to resume in the upcoming weeks.

Photo by javier trueba on Unsplash

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