We Aim to Make a Better U.S. - One Former Student at a Time
We pride ourselves in providing compassion driven assistance for student borrowers. Every single member of our team has or has had student loan debt, just like you. We know how it feels to have that heavy burden riding on your shoulders with the only visible solutions being twisted up in the confusing maze that makes up the student loan system. That's why we made it our life's work to learn, master and educate others about student loans.
- Our specialists are student loan encyclopedias
- We'll help you navigate the various student loan forgiveness programs
- Almost all federal student loans have a chance to qualify for forgiveness
Whether you can afford your current student loan payments or are struggling like most of us, everyone can stand to save money. Especially when we're talking about the amounts of money that typically comes with student loan debt. We'll help you analyze your current situation, understand your options, gain the knowledge to make a concrete decision and implement it successfully.
- You'll want to begin your forgiveness journey by calling us - That's the best way to get all the info you need
- We'll go over things like your loan amount, term and status coupled with income figures, people dependent upon you, etc.
- This info is only for use with loan forgiveness estimation formulas, which will give you a solid idea of what to expect
- After we discern the best plan for you, we'll provide you with professional insights of your potentials
- Once you're confident and satisfied, we'll get to work communicating with lenders and the DoE
- We'll take care of everything from there, you'll receive confirmation by mail or email shortly after
Student Loan Forgiveness US
Different Kinds of Student Loan Forgiveness
Federal Student Loan Forgiveness
Job Specific Student Loan Forgiveness
State Sponsored Student Loan Forgiveness
Student debt relief is a few steps away!
Time is Limited
Student Loan Forgiveness from an Income-Driven Repayment Plan
You can also receive student loan forgiveness after making a certain number of payments under an income-driven repayment schedule. These plans reduce your student loan payments to a certain percentage (usually 10% - 20%) of your discretionary salary. After 20 or 25 years of payments under this plan, your leftover balance could possibly be forgiven.
Here is a quick breakdown of the different plans and how long they will require you to make payments for. For more information and eligibility requirements, please visit our income-driven repayment plans guide.
Income-Based Repayment (IBR) enrolled before 7/1/14: Repayments are 15% of discretionary earnings for 25 years.
Income-Based Repayment (IBR) signed up after 7/1/14: Payments are 10% of discretionary earnings for 20 years.
Pay As You Earn (PAYE): Repayments are 10% of discretionary earnings for 20 years.
. Revised Pay As You Earn (REPAYE): Installments are 10% of discretionary earnings for 20 years (undergrad loans) or 25 years (graduate and specialist loans)
Income-Contingent Repayment (ICR): Repayments are 20% of discretionary income OR the quantity you would pay on a repayment plan with a set payment over 12 years, modified to your income. Payments must be made for 25 years.
See if you qualify for student loan forgiveness!
. Teacher Loan Forgiveness Programs
The Teacher Loan Forgiveness Program contains the following features and requirements: You have to teach full-time for five sequential, complete years To meet the requirements, teachers need to work in low-income educational institutions or an educational service agency Loan forgiveness can be obtained for loan amounts up to $17,500 This plan can be used on Direct Subsidized and Unsubsidized Loans as well as Subsidized and Unsubsidized Federal Stafford Loans, but not for private student loans (if you have private loans, we have compiled a list of financial institutions that provide private student loan refinancing). In order to be eligible, you will need to have been employed after the 1997-1998 school year for a minimum of one year out of the mandatory five.
To be eligible for the federal Teacher Loan Forgiveness Program, you must meet certain qualifications beyond working full-time in specific schools. For instance, you must:
- have obtained at least a bachelor’s degree
- have received full state certification as a teacher
- In addition, you can’t have had your accreditation or licensing prerequisites waived for any excuse.
- The institution you work at (elementary school or secondary school) or the instructional service agency in which you’re currently employed must be listed in the Annual Directory of Chosen Low-Income Schools for Teacher Cancellation Benefits, which is created by the Department of Education annually.
The maximum amount of loan forgiveness offered under this program is either $5,000 or $17,500, depending on what area of interest is taught. The maximum amount is available for teachers who teach mathematics or science at the secondary level or for special education teachers. Perkins Loan Forgiveness You can find Federal Perkins Loan cancellation programs available based mostly on either eligible employment or qualified volunteer service. Here are essential things to know about Federal Perkins Loan cancellation:
The Perkins Loan Forgiveness Program is very broad and applies to many occupations and even volunteer work. In contrast to the Teacher Loan Forgiveness Program, you don’t need to be certified or licensed for cancellation if you are a instructor. You do have to be described as a full-time employee, nonetheless. Just how much that’s canceled annually is incremental. For example, 15 percent of loan debts can be canceled per year for the first and second years that a person works in a qualifying position. Subsequently, for the third and fourth years, 20 percent may be canceled, and for the fifth year, 30 percent can be canceled. The canceled sums each year include interest that accrued during that year.
Student Loan Forgiveness Testimonials
It had always been a dream of mine to get a degree in the medical field. I love helping others and being of service. Unfortunately there were a ton of broken promises from the school and now I have this outstanding Sally Mae loan with huge payments. It was so awesome when I found this company and found out I qualified for the student loan forgiveness program. My payments were over $400 a month and now they are less than $100 a month. I recommend this service to anyone that has an outstanding student loan, best thing I ever did.
I went to back to school with the hope of more opportunities for myself and my family. What I got were huge payments that I could not afford, until I found out about your company and student debt relief. I was able to get into the forgiveness program, my payments dropped to $0 and it was super easy. Your company was fast and efficient with processing all of my paperwork with the utmost of knowledge and support. Thank you for the awesome service and relief from stress of outstanding student loans.
I've accumulated a sizeable amount of student loan debt from DeVry University, and I'd been searching for student loan services such as this one to help me refinance student loan. They were able to provide some great student loan rates and not only have I saved a considerable amount of money, my credit got a great boost. Much appreciated.
I seen this on facebook a few times and always wondered if I could get me some of the forgiveness they was talking about. I still dont really get it but I filled out the student loan forgiveness form and talked to a very nice young man who helped me sign up. Well I just got a email saying Navient student loan forgiveness from the University of Maryland was approved and that my new amount is 0 dollars! The Lord talks about forgiveness and these people are truly doing His work. God Bless you all, I pray more of His people find their way to you.
I went to Riverside Community College and CRU Institute of Cosmetology & Barbering and thankfully I found this site, as they were actually able to help me with my student loan debt! I couldn't believe it! They enrolled me in a federal student loan forgiveness program and now after a couple years of $0 payments my loans will be removed! Thank you so much.