(CTN News) – A beta version of the Biden administration's Student loan forgiveness application has been launched, and borrowers can begin applying today for forgiveness of their student loans. However, there are a few things you need to know before you get started. Where To Find the Student Loan Forgiveness Application As part of Biden's new student loan forgiveness plan , the Education Department has launched an online application form that can qualify for loan forgiveness of up to $20,000 for federal student loans administered by the government under the plan. By clicking here, you can apply for Student Aid directly through the StudentAid.gov website . A borrower does not need to log into the StudentAid.gov website using their FSA ID (their unique username and password). All they need to do is complete the online application, electronically sign it, and submit it. The Education Department has issued a warning to borrowers about scammers. The application process can be completed directly through this official online application portal – you do not have to go through any third parties for the application process. The Application Process for Student Loan Forgiveness To ap ply for a loan, the borrower simply needs to provide… Read full this story
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