Vice President Kamala Harris listens to Kelli Gray, Social Work Services Manager, Philadelphia Department of Human Services on, April 8, in Philadelphia during a trip to the city to promote debt relief. Credit: Alejandro A. Alvarez / The Philadelphia Inquirer via AP

Federal student loan borrowers must meet a crucial deadline on Tuesday to be considered for a major student loan cancelation planned for this summer.

The loan forgiveness comes via a “one-time account adjustment” that will give borrowers credit for time they missed payments due to deferment, forbearance or being signed up for the wrong type of repayment plan.

To be eligible, borrowers with these four types of federally managed loans must consolidate them by April 30:

— Commercially held Federal Family Education Loan (FFEL)
— Parent PLUS loans
— Perkins loans
— Health Education Assistance Loan (HEAL) Program loans

Student loan borrowers can apply for consolidation through the U.S. Department of Education website.

Find more information on the one-time adjustment, consolidation and deadlines here.

Ethan Andrews is the night editor. He was formerly the managing editor at The Free Press and worked as a reporter for The Republican Journal and Pen Bay Pilot.

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