How to Apply for Child Welfare Student Loan Forgiveness
If you are a child welfare worker who has federal student loans, you may be eligible for a program that can forgive up to $17,500 of your debt. The Child Welfare Student Loan Forgiveness Program (CWSLFP) is designed to encourage and support professionals who work in the field of child welfare and protect the well-being of children and families.
In this article, we will explain what the CWSLFP is, how it works, who can qualify, and how to apply.
What is the CWSLFP
The CWSLFP is a federal program that was established by the College Cost Reduction and Access Act of 2007. It is administered by the U.S. Department of Education and aims to address the shortage of qualified child welfare workers in the country.
The CWSLFP offers loan forgiveness to borrowers who have Direct Subsidized Loans, Direct Unsubsidized Loans, or Direct Consolidation Loans. The program does not cover Perkins Loans, FFEL Loans, or private loans.
The amount of loan forgiveness depends on the borrower's level of education and the type of loan. Borrowers who have a bachelor's degree in social work or a related field can receive up to $5,000 of loan forgiveness. Borrowers who have a master's degree in social work or a related field can receive up to $17,500 of loan forgiveness.
How does the CWSLFP work
To qualify for the CWSLFP, borrowers must meet the following requirements:
They must have been employed full-time as a child welfare worker for at least one year at a public or private nonprofit child welfare agency that provides services under Title IV-B or Title IV-E of the Social Security Act.
They must have made 120 qualifying monthly payments on their eligible loans while working as a child welfare worker. Qualifying payments are those made under an income-driven repayment plan or the standard 10-year repayment plan.
They must apply for the CWSLFP within six months of completing their one-year employment requirement.
To apply for the CWSLFP, borrowers must complete and submit the following forms:
The Child Welfare Student Loan Forgiveness Program Application Form, which can be downloaded from https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service.
The Employment Certification Form for Public Service Loan Forgiveness (PSLF), which can be downloaded from https://studentaid.gov/sites/default/files/public-service-employment-certification-form.pdf. This form must be signed by the borrower's employer and submitted annually or whenever the borrower changes employers.
Borrowers should send both forms to the U.S. Department of Education at:
U.S. Department of EducationFedLoan ServicingP.O. Box 69184Harrisburg, PA 17106-9184
Alternatively, borrowers can fax both forms to 717-720-1628 or upload them online at https://myfedloan.org/borrowers/special-programs/pslf.
Borrowers will receive a confirmation letter from the U.S. Department of Education once their application is received and processed. The letter will indicate how many qualifying payments they have made and how many more they need to make before they are eligible for loan forgiveness.
What are the benefits of the CWSLFP
The CWSLFP can provide significant financial relief to borrowers who dedicate their careers to serving children and families in need. By reducing or eliminating their student debt, borrowers can free up more money for other expenses or savings goals.
The CWSLFP can also help borrowers achieve PSLF, which is another federal program that forgives the remaining balance of eligible loans after 10 years of public service. Borrowers who apply for both programs can potentially receive double benefits: up to $17,500 of loan forgiveness from the CWSLFP and full loan forgiveness from PSL ec8f644aee