New York State will begin accepting applications for the new 'Get On Your Feet' Loan Forgiveness Program on December 31st.

The program is part of Governor Andrew Cuomo's 2015 Opportunity Agenda.

It offers up to 24 months of federal student loan debt relief to recent college graduates living in the State.

"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."

More than 2,500 graduates from the class of 2015 have already registered to apply for the program. Once fully implemented in 2020, more than 24,000 recent graduates are expected to participate.

For more information on the program, visit ny.gov/getonyourfeet