Schedule Your FREE Clarity Session Today!

I am one of sooo many nurses that had to take out student loans in order to pay for my education.

NO SHAME in taking this cancellation. We all take our own paths to get where we are.

I didn’t have money from my grandparents or parents, money saved from investments, no scholarships. I did have military benefits to help pay for my education and living and between my husband and I we still had about $40k+ in student loans after we both graduated.

If we were still paying on these loans I would be so happy to be offered this reprieve.

You may have heard that President Biden’s administration has created a Student Debt Relief Plan and part of that plan is to cancel $10k – $20k in student loan debt.

***If you think this doesn’t apply to you because you are in Public Service Loan Forgiveness or you have more debt than this cancellation KEEP READING TO THE END BECAUSE THERE ARE OTHER BENEFITS TO THIS NEW PROGRAM BUT YOU NEED TO ACT BEFORE OCT. 31, 2022.***

I hope you are going to be one of the 43.9 million borrowers who will benefit from this program. This can create some financial and emotional relief when it comes to your money. As a financial coach and someone who paid for my student loans I am genuinely happy for you all. I hope this gives you a boost in your financial journey or gives you some much needed energy to feel like this can help you get ahead!!

Do you Qualify?

  1. Do you have federal student loans?
  2. Do you make less than $125,000 individually or $250,000 as a household?

If you answered yes to these questions then you qualify for up to $10,000 of your federal student loans to be canceled. If your balance is less than $10k then the entire balance will be canceled.

But wait, it may get even better. When you went through school did you qualify for the Pell Grant? If you did then you qualify for $20,000

Are you wondering how to get this? Follow my simple steps below.

Your loan may be automatically forgiven but the Department of Education reported this may only happen for about 8 million recipients, the others will need to fill out an application. Take this opportunity to start good money habits, don’t sit around and wait to see if it’ll happen for you, make it happen for you. I encourage you to take these 4 simple steps to make sure your loans are canceled.

  1. Sign into your student loan accounts and update your contact information; phone number, home address, and email address. **Not sure who your servicer is? Go to and click the link to “Who is my loan servicer?”
  2. Take a screenshot of your current loan balances and interest rates so you have that information going forward.
  3. Apply in early October. The U.S. Department of Education will launch a simple application for this student loan forgiveness program, if you’d like to be notified when the application is available sign up HERE.
  4. Wait 4-6 weeks and check your student loan accounts again.


Important Dates to Know:

October 2022 – Sign up to get notified when that application is available and FILL OUT THE APPLICATION!!

November 15th, 2022 – Fill out your application by this date to have your loans forgiven before the end of the deferral period in January.

January 1, 2023 – Deferral period ends and interest begins accruing again.

December 31, 2023 – Last day to apply for the student loan forgiveness program.

If you will have debt remaining after this cancellation here are the things that you will need to know after the cancellation:

  • Your deferral period will end December 31, 2022. Interest will start to incur again and payments will restart on January 1, 2023.
  • Income driven repayments will lower from 10% to 5% of income.
  • The income floor is increased to 225% of the federal poverty level, if you make less than that you are not required to make a payment to your student loans.

In addition, borrowers who are employed by nonprofits, the military, or federal, state, Tribal, or local government may be eligible to have all of their student loans forgiven through the Public Service Loan Forgiveness (PSLF) program.

  • The PSLF program forgives the remaining balance on your federal student loans after 120 payments working full-time.
  • Temporary changes, ending on Oct. 31, 2022, provide flexibility that makes it easier than ever to receive forgiveness by allowing borrowers to receive credit for past periods of repayment that would otherwise not qualify for PSLF.
  • Enrollments on or after Nov. 1, 2022 will not be eligible for this treatment.

This is because of time-limited changes that waive certain eligibility criteria in the PSLF program. These temporary changes expire on October 31, 2022.

For more information on eligibility and requirements and to apply, go to

 This is FREE money in your pocket.

How many times in your life are you going to make $10-20k just by applying for it? You may never see the money but you will be saving yourself so much more by taking this opportunity. No one who is eligible should be too proud to accept this!!