Eligibility
The ultimate discretion for eligibility in the GSB Nonprofit/Public Service Loan Forgiveness Program lies entirely with the GSB, and will be decided on a case-by-case basis. Determinations, once rendered, are final. Please refer to the table to the right to inquire about our eligibility guidelines. However, other relevant criteria may be taken into consideration at the discretion of the GSB. Please be advised that this is not an entitlement program and that the ultimate discretion for eligibility lies entirely with the GSB. The GSB reserves the right to change Eligibility Guidelines and Required Application Materials at any time.
Alumni can participate in the program any time while in loan repayment status. Eligibility during any given year does not automatically qualify alumni for any future year. Loan forgiveness is dependent on available funding. If a JD/MBA applies for the GSB Nonprofit/Public Service Loan Forgiveness Program, half of the total loan debt for both programs will be used in the calculation of their loan forgiveness eligibility.If an applicant received more than one degree at the GSB while attending the GSB (i.e., MBA/MSE, MBA/MA Ed, etc.), the GSB will count the equivalent of 2 years (6 quarters) in the calculation of their loan forgiveness eligibility.
Please be aware that applicants can not qualify for more than one loan forgiveness program at one time. If you are not a U.S. Citizen, and you are from either the MBA Class of 2006 or 2007, we suggest you look into the International Loan Forgiveness Program.
