(LIVE): Financial Literacy | The Public Service Loan Forgiveness and FEDNow Programs
Channel: DetroitJCS
Date: 2022-09-19

According to the U.S. Department of Education, $13 billion dollars has been forgiven as of September 2022 under the public service loan forgiveness waiver. In Michigan, Governor Whitmer has announced tax-free loan forgiveness under this program. Get your loan forgiveness, too!

Thank you for joining us for the weekly series on Financial Literacy. Today, we will be discussing the Public Service Loan Forgiveness Program and the FEDNow Programs. 

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Important Hyperlinks from our video:
Johnson Consulting Services LLC - https://detroitjcs.com/

FAFSA Application and Explainer for PSLF: https://www.whitehouse.gov/publicserviceloanforgiveness/

FAFSA
Education Subscription Page for Alerts (notifications):
https://www.ed.gov/subscriptions

FAFSA
NINJA tool to help you complete the loan forgiveness application:
https://studentaid.gov/articles/become-a-pslf-help-tool-ninja/

FedNOW
FedNOW real-time payments (RTP): https://www.moderntreasury.com/learn/what-is-fednow
& https://www.businesswire.com/news/home/20220127005808/en/Federal-Reserve-Announces-FedNowSM-Service-Pricing-Approach-Credit-Transfer-Limit