How to apply for the new student loan forgiveness program

ALBANY, N.Y. (NEWS10) — Starting Thursday, December 31, New York Governor Andrew Cuomo announced that recent college graduates from New York state colleges can apply to get part of their federal student loan debt paid off.

The “Get On Your Feet” program offers up to two years of federal student loan debt relief to recent college graduates living in the state.

To be eligible, applicants must have earned an undergraduate degree during or after December 2014 and have lived in the state for at least a year. The program also requires that the participant have an income averaging less than $50,000 a year.

The “Get On Your Feet” program offers help by functioning as a supplement to the federal Income Based Repayment plan or Pay as You Earn plan.

To learn more, please click here.

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