New Student Loan Forgiveness ‘Get On Your Feet’ Program Offered To New York
Are you sitting on a mountain of student loan debt? Well New York Governor Andrew Cuomo wants to help you out. Here's how to find out if you're eligible for the "Get On Your Feet" forgiveness program.
The "Get On Your Feet" program offers up to 2 years of federal student loan debt relief to recent college graduates living in the state. According to ABC 7, applications will begin being accepted on December 31st.
"Ensuring students are able pay for college and not saddled with debt is critical for both their individual success and the continued economic growth of New York State," Governor Cuomo said. "With this program, we are telling recent graduates: if you invest in New York's future, we will invest in yours."
To qualify, applicants must have earned an undergraduate degree from a college or university located in New York State in or after December 2014, have an adjusted gross income of less than $50,000, and be enrolled in the federal Income Based Repayment plan or Pay as You Earn plan. Click Here to learn more.