HR Update

Student Loans and the Public Service Loan Forgiveness (PSLF) Program

Paying off your student loans can be confusing and difficult, but University employee financial counseling vendor LSS Financial Counseling is here to help! Read on for information on the Public Service Loan Forgiveness (PSLF) program and LSS events to help you manage student loan debt. 

About the Public Service Loan Forgiveness (PSLF) Program and Student Loan Counseling

What is the PSLF?

The PSLF program allows you to have the remaining balance of your student loans forgiven after you have made 120 qualifying monthly payments while working full time for a U.S. federal, state, local, or tribal government or not-for-profit organization. Find out more on this government website. 

Am I eligible for the PSLF? What other options do I have?

Qualifying for the PSLF depends on what kind of loans you have. The temporary waiver allows more people to qualify for loan forgiveness.

You can schedule an individual consultation with LSS to discuss your situation.

Who should I contact to get my PSLF form signed?

Send your form via email to ohr@umn.edu to request a signature for the employer verification section. Information to include: 

  • Employer’s name: Regents of University of Minnesota
  • Address: 319 15th Ave. SE, Minneapolis, MN 55455
  • Federal EIN: 41-6007513

Do not include your Social Security number on the form.

I have more questions. Who can I contact? 

LSS Financial offers free financial counseling sessions for University employees, spouses, and dependents. You can schedule an appointment to discuss your specific situation. Learn more about this benefit. 

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