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See if you’re eligible for student loan forgiveness.
Are you feeling overwhelmed by student debt?
If you work in public service, you may be eligible for Public Service Loan Forgiveness (PSLF). PSLF is a federal program that can provide financial relief to eligible borrowers by forgiving the balance of your loan tax free after 120 qualifying payments.
TIAA and Savi can help you with federal forgiveness programs
Despite the potentially huge benefits of this program, the rules and requirements are complex, and the loan forgiveness success rate without Savi has been relatively low. That’s why TIAA has joined forces with Savi, a social impact tech company, to offer a service that can help you successfully take advantage of programs like PSLF.
Savings can be significant
People are saving an average of $1,680 per year through lower monthly payments and an average of $40,000 total in student loan forgiveness. That gives you money for other financial goals, whether it’s building an emergency fund, saving more for retirement or paying off other debts.
For Employees of The College of Wooster
Brought to you by your employer through TIAA and powered by Savi, this tool helps strengthen your financial footing in the short term and positions you for student loan forgiveness. Savi can help you free up funds to direct toward your financial goals, such as retirement.
Get a free assessment of your personalized options that:
- Reduces your monthly payment based on your income and family size
- Detects your eligibility for more than 150 state and federal
forgiveness programs - Removes the complexities of forgiveness and handles all paperwork,
employment certifications and e-file
TIAA and Savi are committed to helping you stay in control of your finances at all stages of life. TIAA and Savi are in your corner when it comes to student debt and for the long haul. Visit www.TIAA.org/wooster/student to calculate your savings.