Student Loan Forgiveness Calculator 2025 | Estimate Your Eligibility

Student Loan Forgiveness Calculator

Total Federal Student Loan Balance ($): Adjusted Gross Income (AGI) ($): Family Size: Repayment Plan: Income-Driven Repayment Standard 10-Year Plan

Estimated Forgiveness Eligibility:

FAQs

How does student loan forgiveness work?

Under income-driven repayment plans, your remaining balance may be forgiven after 20–25 years of qualifying payments.

What loans qualify for forgiveness?

Only federal student loans (e.g., Direct Loans, FFEL Program loans) are eligible. Private loans do not qualify.

Do I need to pay taxes on forgiven amounts?

Yes, under current law, forgiven amounts may be considered taxable income.