501(c)(3) Non Profit

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Forgiveness is based not on the type of job but on the employer’s eligibility. Anyone working on a full-time basis for a qualifying employer at a public service organization, regardless of his or her job, may qualify.

“Public service organization” is defined as a federal, state, local, or tribal government organization, agency or entity, public child or family service agency, tax-exempt, 501(c)(3) non-profit organization, or tribal college or university. There is an additional condition for 501(c)(3) organizations. They must not be an organization engaged in religious activities unless the qualifying activities are unrelated to religious instructions, worship services, or any form of proselytizing.

Government employers should include the military, public schools, and colleges but not include members of Congress. Time spent serving in a full-time AmeriCorps position also counts toward fulfilling the ten-year repayment requirement.

Some borrowers who work in certain private organizations may also qualify. Only private organizations that provide the following public services qualify:

• Emergency management;

• Military service;

• Public safety;

• Law enforcement;

• Public interest law services;

• Early childhood education (including licensed or regulated child care, Head Start, and state-funded pre-kindergarten);

• Public service for individuals with disabilities and the elderly, public health (including nurses, nurse practitioners, nurses in a clinical setting, and full-time professionals engaged in health care practitioner occupations and health care support occupations, as such terms are defined by the Bureau of Labor Statistics);

• Public health (including nurses, nurse practitioners, nurses in a clinical setting, and full-time professionals engaged in health care practitioner occupations and health care support occupations);

• Public education; and

• Public library services, school library or other school-based services.

 

Source:

501(c)(3) Organization