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2 jobs, 1 501(c)(3), one private; Public Service Loan Forgiveness?

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Joined 2012-07-04

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If I am working two jobs, one 501(c)(3), and one private, can I still qualify for the public service loan forgiveness?  If it is possible, does it matter if more hours are worked at the private job than the not-for-profit?  The not-for-profit is over 30, the private is consulting work and as-needed.

Thanks!

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Total Posts: 604

Joined 2011-03-30

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As long as you meet the full-time paid qualifying public service requirement, you’re good.  Moonlighting doesn’t disqualify a borrower, but any taxable income will increase your Adjusted Gross Income and your payment calculation under IBR or ICR.