The Beta version of the student loan application is live now from Oct 14; borrowers start celebrations.
Department of Education launched this to check the system's functionality before 40 million borrowers jumped on it.
ED assured forgiveness within 4 or 6 weeks after submission of your application form.
However, this submission will be processed after the official announcement of the date; avoid making a countdown of 1 or 1.5 months.
Several lawsuits filed by multiple bodies like Republicans, individuals, and Law firms can be game changers.
A federal judge already postponed the program up to tomorrow (Oct 17).
White House Administration replied to lawsuits that it averts the program till Oct 23.
Biden administration targeted to start the process before November mid-term election.
If you applied in the beta version, you don't need to resubmit the form; help FSA to reduce traffic.
It will take merely 30 seconds to fill out the form with your name, SSN, and contact details; click on studentaid.gov/debt-relief/application.