Legislation (S.8389-C/A.9523-B) Removes Barriers to Accessing Federal Public Service Loan Forgiveness Program by Clarifying Key Terms, Allowing Employers to Certify Employment
Announces Statewide Outreach Effort to Help Eligible New Yorkers Take Advantage of Federal Time-Limited Public Service Loan Forgiveness Waiver
Governor Kathy Hochul today signed legislation to expand and simplify access to the federal Public Service Loan Forgiveness program statewide. The new legislation establishes uniformity around what qualifies as full-time employment for the purposes of accessing PSLF and allows public service employers to certify employment on behalf of workers, eliminating substantial barriers to applying for and accessing PSLF.
“If you spend your days working for the people of New York, you shouldn’t spend your nights worrying about how to pay us back. This legislation acknowledges the significant contributions of our public servants, first responders, educators and more, by helping unlock federal loan forgiveness for countless members of New York’s workforce,” Governor Hochul said