New York State has taken a step in the right direction when it comes to eliminating student loan debt. New York Governor Andrew Cuomo announced the “Get On Your Feet” program, which will offer up to two years of federal student loan debt relief to recent college students in the state.
Applications will begin being accepted on December 31.
“Ensuring students are able pay for college and not saddled with debt is critical for both their individual success and the continued economic growth of New York State,” Governor Cuomo said. “With this program, we are telling recent graduates: if you invest in New York’s future, we will invest in yours.”
To qualify, applicants must have earned an undergraduate degree from a college or university located in New York State in or after December 2014, have an adjusted gross income of less than $50,000, and be enrolled in the federal Income Based Repayment plan or Pay as You Earn plan.
To learn more or apply, visit hesc.ny.gov/GetOnYourFeet