The "limited PSLF waiver" has to do with the time-limited changes to Public Service Loan Forgiveness (PSLF) Program rules that allow borrowers to receive credit for past periods of repayment that would otherwise not qualify for PSLF. This opportunity ends on October 31, 2022. The limited PSLF waiver allows all payments by student borrowers to count toward PSLF, regardless of loan program or payment plan. To receive these benefits borrows must submit a PSLF form, under which a single application is used to certify employment and evaluate a borrower for forgiveness.
If you have Federal Family Education Loans (FFEL), Federal Perkins Loans, or other federal student loans, you'll need to consolidate your loans into a Direct Consolidation Loan to qualify for PSLF, both in general and under the new time-limited rules described on this page. Before consolidating, make sure to check to see if you work for a qualifying employer. Learn about consolidation and the pros and cons of consolidating your loans.
Past periods of repayment will now count whether or not you made a payment, made that payment on time, for the full amount due, or on a qualifying repayment plan.
Forbearance periods of 12 consecutive months or greater, or 36 cumulative months or greater will count under the waiver. In fall 2022, ED will begin making account adjustments to include these periods. Forbearance periods provided by the COVID-19 emergency relief flexibilities are not included in these months.
Months spent in deferment before 2013 will count under the waiver. Additionally, ED will include economic hardship deferment on or after Jan. 1, 2013. ED will apply these periods of deferment to your account in fall 2022.
Periods of default and in-school deferment still do not qualify.
This information is provided by StudentAid.Gov
Read the U.S. Department of Education PSLF Limited Waiver Press Release