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. Borrowers may be eligible for Paycheck Protection Program (PPP) loan forgiveness. Content.Where to apply for loan forgiveness. 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. The Office of Rural Health (ORH) offers qualifying providers, with educational (student) loan debt, incentive payments to. These benefits are only available on federal student loans. Recent NYS college graduates who are participating in a federal income-driven repayment plan. The PSLF Program forgives the remaining balance on your Direct Loans after you have made 120 qualifying monthly payments under a qualifying repayment plan. You may be eligible to have all your student debt canceled.