As of last year, pastors and other employees of congregations can be eligible for the federal Public Service Loan Forgiveness program. The PSLF is designed to encourage students with federal student loan debt to enter public service careers like firefighting, teaching, government, nursing, public interest law, the military – and church work!
Also beginning last year, the US Education Department began overhauling the program – including a one-year waiver of some of the burdensome provisions. This waiver gives folks who might not have qualified a chance to get qualified for the program. The waiver period ends October 31, 2022.
C2FM wants all eligible Missouri UM pastors and their families to take full advantage of this opportunity. And help is just a phone call or click away!
All active Missouri UM pastors and their families have free access to Your Money Line (paid for by C2FM). For assistance navigating the PSLF application process simply call a Your Money Line Financial Guide at 833-890-4077 or register on the YML website at yourmoneyline.com/mumf.
For more information, contact C2FM Director Mark Struckhoff at mstruckhoff@mumf.org, or at 573-875-4168.