How to Apply for Federal Student Loan Debt Relief, with Beta of Form

How to Apply for Federal Student Loan Debt Relief, with Beta version of Form

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Quietly Friday night, the Department of Education launched a beta version of the form for federal student loan debt relief.

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In an email blast Saturday at 10:46 a.m. ET, the department invited borrowers on its mailing list to be "the first to apply for student debt relief."

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The short form can be completed in about two minutes. It lets you apply for up to $20,000 in debt relief.

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If you owe money on federal student loans & earned less than $125,000 a year or $250,000 as a head of household or married filing jointly in either 2020 or 2021.

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The application will be available on and off during this beta period. If you try and it's not available, try again later.

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"Once the application officially opens later this month, it will remain open until December 31, 2023."

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No student loan debt will be canceled until Oct. 23, 2022, at the earliest, as declared in the Education Department's court document response.

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We don't know when the program will officially launch, but we do know that if you apply now, you won't need to apply again.

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The White House on Oct. 11 tweeted a preview of the application. (Here's a PDF image of the form.)

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