Public Service Loan Forgiveness

  • The PSLF Program cancels the remaining balance – which includes balances of interest and principal – on your Direct Loans after you have made 120 qualifying monthly payments under a qualifying repayment plan. 

 

OCCC Staff Can Qualify by:

  • Working for a qualifying employer
  • OCCC is a qualifying employer
  • Other organizations may qualify as well
  • Working full-time at a qualifying employer
  • You may combine your hours from multiple qualifying employers
  • Part-time work at a qualifying employer
  •       Hours earned towards repayment will be calculated on a pro-rated basis
  • Have Direct Loans
  • Or consolidate other federal student loans into a Direct Loan
  • Repay your loans under an income-driven repayment plan
  • Make 120 qualifying payments

 

OCCC Faculty Qualifications:

Oregon Senate Bill 1572 states, for the purposes of public service loan forgiveness, a faculty member is considered full time at a community college or university if they, “engage in 30 or more full-time equivalent work hours per week, with each hour of lecture time or classroom time constituting 4.35 full-time work hours.”

If part-time faculty work less than 30 or more hours per week, their earned hours towards repayment will be calculated on a pro-rated basis.

 

OCCC’s Commitment  to PSLF Eligible Employees

OCCC is committed to increasing awareness of the public service loan forgiveness program among all employees and increasing participation by eligible employees in the public service loan forgiveness program.

 

PSLF Contact at OCCC

For general questions please reach out to blake.hagan@oregoncoast.edu.

When you need page 2 of your form completed by OCCC as your employer, please email the form to: blake.hagan@oregoncoast.edu

[opens in new window]Please include in the subject line your Name, PSLF form, and date you’re sending it. Example: Waverly O’Shark, PSLF Form, 012791. This ensures we are able to identify each applicant.

Forms will be emailed back to the email account the request was received from.

Paper forms (if email is unavailable) can be sent to:

Oregon Coast Community College
400 SE College Way
Newport, OR 97365
ATTN: Human Resources

 

Additional Resources

PSLF Qualifications

PSLF Help Tool

PSLF Application

Oregon Coast Community College