Student Loan Forgiveness App Beta Test Will Be Released
The portal will only be open for a short time but will reopen at a later date, according to the officials, who spoke on condition of anonymity as they were not authorized to comment publicly. The test will allow the agency to collect data on the site’s functionality, an official said.
Neither the White House nor the Department of Education immediately responded to requests for comment.
The Biden administration had originally hoped to make the pardon application available in early October. But publication has been delayed as the pardon plan faces multiple legal challenges.
Earlier this week, the Biden administration took a first look at the application form for the president’s plan to cancel up to $20,000 in federal debt for eligible borrowers. He previously said the application would be short and borrowers would not be required to provide documents or a federal student ID number.
White House shares first look at student loan forgiveness application
The application will require borrowers to give their social security number and certify that they have earned less than the income limits set for the relief. The forgiveness is limited to borrowers who earned less than $125,000 in 2020 or 2021, or less than $250,000 for married couples. According to the White House, nearly 95% of borrowers with federal student loans meet the program’s income requirements and are eligible for relief.
This is a developing story.