Biden administration releases preview of student loan forgiveness application, but it hasn’t launched yet

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Biden administration releases preview of student loan forgiveness application, but it hasn’t launched yet
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The Biden administration has provided a preview of the student loan forgiveness application, but it’s in the wake of many legal challenges.

The Biden administration has provided a preview of the student loan forgiveness application, but it’s in the wake of many legal challenges from Republicans.

Hence, the application does not have a release date just yet. “We don’t have an announcement to make on the launch date,” a White House official told reporters on a call,Once it is released, the application will be available on both computers and mobile devices. Applicants will be able to pick between English and Spanish. The applicationwill also be designed for individuals with disabilities. Applicants will also have to enter their social security number for access.

Not only that, the application will require borrowers to sign and agree to a form that discloses how much they make. According to White House officials, any false information on the application form can result in hefty fines and/or jail time.reported. Borrowers won’t need to log in with a student aid ID nor will the application require any uploads of documents.

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