biden harris student loan forgiveness applicationbiden harris student loan forgiveness application


President Biden Harris Student Loan Forgiveness Application, recently announced a plan to provide student loan forgiveness of up to $20,000 to federal student loan borrowers making under $125,000 per year. This article provides a step-by-step guide on how to apply for Biden Harris student loan forgiveness.

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Eligibility Requirements For Biden Harris Student Loan Forgiveness Application

To qualify for the Biden Harris student loan forgiveness program, you must meet the following criteria:

  • Have an annual federal income below $125,000 individually or $250,000 if married or head of household
  • Have federal student loans not in default
  • Be a current borrower with loans disbursed before July 2022

In addition, borrowers who received Pell Grants can qualify for up to $20,000 in forgiveness, while those without Pell Grants are eligible for up to $10,000. The income limits apply based on either your 2020 or 2021 tax return. Loans must also be held by the Department of Education. This includes Direct Loans, PLUS loans for parents and graduate students, and consolidation loans.

How To Apply Biden Harris Student Loan Forgiveness Application

Most borrowers will not have to apply Biden Harris Student Loan Forgiveness Application to receive student loan forgiveness under the Biden Harris initiative. Here is the process:

If the Department of Education already has your income information, forgiveness will be administered automatically. You will be notified when the discharge processes and your loan balance is reduced.

If your income is not available, the Education Department will launch an application process where you can submit income information. This application is not yet available but will open in early October 2022.

So for many borrowers, the process will happen automatically based on previous tax return data. For others, an application will open in fall 2022 for submitting income details.

Discharge Process Timeline

Here is the current proposed timeline for the Biden Harris student loan discharge process:

Early October 2022 – Application goes live for borrowers to submit income information

November 2022 – The Department of Education will begin proactively approving applications for borrowers whose income data they already have

December 2022 and continuing into 2023 – Borrowers will start seeing loan balances reduced as discharges are administered

So most borrowers could see student loans discharged under this initiative before the current student loan repayment pause ends on December 31, 2022. However, complex cases may take longer into 2023.

Other Loan Forgiveness Options

In addition to the one-time Biden Harris Student Loan Forgiveness Application, borrowers may qualify for existing student loan forgiveness programs. Here are some options:

Public Service Loan Forgiveness (PSLF)

PSLF forgives federal student loan balances after 120 qualifying payments while working full-time for an eligible employer like government or a 501(c)(3) nonprofit. You can use the PSLF Help Tool to track qualifying payments.

Income-Driven Repayment (IDR) Forgiveness

IDR plans like PAYE, REPAYE, and IBR offer Biden Harris Student Loan Forgiveness Application once you hit the repayment period cap – 20 or 25 years depending on the plan. Any balance left is forgiven tax-free.

You can apply for IDR online at when repayment begins. Using the loan simulator can help you estimate payments.

Program Eligible Loans Payment Cap
PAYE Direct Loans 20 years
REPAYE Direct & FFEL Loans 20 years (undergrad)
IBR Direct & FFEL Loans 25 years

So exploring IDR can provide an additional path to forgiveness.

Other Biden Harris Student Loan Initiatives

In addition to one-time cancellation, the Biden Harris administration has taken other actions to provide borrower relief including:

  • Extending the payment pause on federal student loans until December 31, 2022
  • Fixing the broken Public Service Loan Forgiveness (PSLF) program – 550,000 borrowers now closer to forgiveness
  • Discharging student debt for borrowers with disabilities
  • Cancelling $7.9 billion in loans for over 400,000 borrowers from schools that made false promises

The administration remains committed to fixing longstanding issues in federal financial aid.


The Biden Harris Student Loan Forgiveness Application one-time offers an incredible opportunity to eliminate up to $20,000 in federal student loan debt. Most borrowers will automatically receive relief in late 2022 or early 2023. An application to submit income information will open in early October for those who need it. On top of one-time cancellation, existing options like PSLF and IDR provide additional paths to forgiveness

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