Use the NEA’s free online tool to see if you qualify for loan forgiveness
Posted: April 21, 2022
The clock is ticking to see if you qualify for student loan forgiveness.
And thanks to changes this week by the U.S. Department of Education, 40,000 more borrowers will see immediate forgiveness.
You could be one of them, but you have to act fast. Take advantage of the temporary Public Service Loan Forgiveness waiver by using the NEA’s free online tool to see if you can cut or even erase your monthly payments:
A major overhaul of the federal student loan program under President Joe Biden already slashed billions of dollars in outstanding student loan debt. But the waiver expires Oct. 31.
In Hawaii, more than 600 Hawaii State Teachers Association members have already taken advantage of the Savi Student Debt Navigator. A Maui teacher even had more than $100,000 in loans forgiven!
Here are the benefits you’ll enjoy by using this free tool:
- Run your numbers at no cost to see if you qualify for student loan repayment or forgiveness programs.
- Receive a list of relevant debt relief programs based on your situation.
- Calculate how much money you can save through the tool that’s accessed on your desktop or mobile device.
- Access student loan experts via telephone or chat.
- E-file your paperwork to prevent errors and improve your odds of qualifying.
Register for Navigating Student Debt webinar
HSTA has been working hard to bring you relief and played a major role in the changes we have seen. If you are looking for loan forgiveness, this workshop is for you.
This workshop will cover:
- The basics of the Teacher Loan Forgiveness Program
- Public Service Loan Forgiveness
- The PSLF Waiver that was announced in October of 2021
- Any other update that we have received from the DOE to date.
You will also learn how to access the NEA Student Debt Navigation Tool provided to NEA members at no cost for one year, which will help you navigate this complicated process. If you want to get started ahead of time, please go to www.neamb.com/connect to register before attending the session.
When: Wednesday, June 29, from 2 to 3 p.m.