Joe Biden's Student loan forgiveness application is here. all you need to know about the application.
Joe Biden's administration said, Student loan forgiveness applications now open through beta mode website
The application process for Americans looking for student debt relief in a beta period is beginning from Friday night.
In August, President Joe Biden declared his choice to drop up to $10,000 in educational loan obligation for people making under $125,000 every year.
This evening, Department of Education will begin beta testing the student debt relief website, spokesperson of the Department of Education said.
During the beta testing time frame, borrowers will be able to submit their loan forgiveness applications.
Any individual who applies for the debt relief in the beta period will get a confirmation email from the administration.
Confirmation email came that doesn't mean their application will be processed. application will not be processed until the site officially launches.
Before the end of October, Biden's administration will announce the launching date of official version of website.
When processing of application starts, most qualifying borrowers are supposed to get debt relief within weeks.
Those who submitted their loan forgiveness application in beta website version, will not need to reapply.
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