After you submit your PSLF form, we will process it and you will receive a count of the number of qualifying payments you have made toward both PSLF and TEPSLF. You may qualify for forgiveness of the remaining balance due on your eligible federal student loans based on your employment in a public service job.You may be eligible to have all your student debt canceled. These benefits are only available on federal student loans. Borrowers may be eligible for Paycheck Protection Program (PPP) loan forgiveness. Content. Where to apply for loan forgiveness. Get information about the SBA loan program that helped businesses keep their workforce employed during the COVID-19 crisis.