PSLF Eligibility & Payoff Calculator
Check if you qualify for Public Service Loan Forgiveness and compare how much you'd pay under PSLF vs. standard 10-year repayment.
Loan Details
0–120 payments
Your Income
Use resident/fellow salary for current IDR estimate
Employer
You Likely Qualify for PSLF
501(c)(3) employers qualify for PSLF.
Your Monthly IDR Payment (SAVE)
Based on $31,115 discretionary income
Compare All IDR Plans
PSLF vs. Standard 10-Year Repayment
Already Exploring Refi Options?
If your income increases and PSLF no longer makes sense, refinancing can lock in a lower rate and save on interest.
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How PSLF Works for Physicians
Public Service Loan Forgiveness forgives remaining federal student loan debt after 120 qualifying monthly payments (10 years) while working full-time for a qualifying employer. Physicians at academic medical centers, VA hospitals, and nonprofit health systems often qualify.
IDR Plans Explained
- SAVE: 10% of discretionary income. Subsidizes unpaid interest. Best option for most residents.
- PAYE: 10% of discretionary income. Capped at standard 10-year payment. Good if income will increase significantly.
- IBR: 15% (10% for new borrowers) of discretionary income. Slightly higher payments than SAVE/PAYE.
- ICR: 20% of discretionary income or 12-year fixed payment. Usually the highest-payment option.
This calculator provides estimates based on current IDR formulas and 2024 Federal Poverty Level guidelines. Actual payments depend on your servicer, tax filing, and program updates. Consult a student loan advisor for personalized guidance.