FORBES — Last week, the Biden administration announced that it had identified 100,000 borrowers who will qualify for $6.2 billion in student loan forgiveness — the latest wave of relief that the administration is providing to distressed borrowers. But the loan forgiveness has been preliminarily approved under a specific program with specific eligibility criteria. Here’s who qualifies. The administration’s announcement last week was about the the Public Service Loan Forgiveness (PSLF) program. PSLF, which first created in 2007, is a federal loan forgiveness program that can allow borrowers to eliminate their loans after 120 “qualifying payments” over 10 years (or more).