Great news for many who have student loans, either for ourselves or our children. In July, the Department of Education nuanced their rules and rostered ministers may qualify for Public Service Loan Forgiveness (PSLF).
Would you qualify?
The best way to find out is to have a conversation with a financial counselor at LSS Financial Counseling. They are ready to help you explore your student loan options and guide you through this complex process.
To further help understand this program and encourage rostered ministers to check it out, we have recorded the LSS Zoom workshop on the PSLF program.
Click here to view the Zoom recording.
We recommend anyone who has Federal Student loans and think they may benefit from PSLF to start meeting with LSS right away. There are time constraints and deadlines in this process. We can’t guarantee that you will be accepted for this type of loan forgiveness or that it is your best option, but it is worth checking into. LSS will help you make those determinations.
The phone number to contact LSS Financial Counseling is (888) 577-2227.
Remember, If you have Portico benefits, they offer up to 6 appointments each year with LSS Financial Counseling. This includes student loan repayment counseling.
This workshop is sponsored by the SW MN Synod Gifts of Grace program.