STUDENT LOAN FORGIVENESS - PowerPoint PPT Presentation

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STUDENT LOAN FORGIVENESS

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If you are going through financial hardships, you may be qualified to apply for an Income Based Payment. This repayment program will require you to pay based on your income and family size. – PowerPoint PPT presentation

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Title: STUDENT LOAN FORGIVENESS


1
STUDENT LOAN FORGIVENESS
Student Loan Consolidation is the process of
combining several student loans into one new loan
from one lender. By doing this, you as a borrower
would have only one student loan, with one
monthly payment, term and interest rate. This
will make your monthly payment more manageable.
Most people choose to consolidate or refinance
their student loans to simplify or lower their
payments.
2
TYPES OF STUDENT LOAN
1. STUDENT LOAN FORGIVENESS FOR FIREFIGHTERS
2. STUDENT LOAN FORGIVENESS FOR NURSES
3. STUDENT LOAN FORGIVENESS FOR VETERANS
3
OBAMA STUDENT LOAN FORGIVENESS
President Barack Obama signs the Health Care and
Education Reconciliation Act of 2010 at Northern
Virginia Community College in Alexandria,Virginia,
March 30, 2010. (Official White House Photo by
Lawrence Jackson)
4
TERMS AND CONDITIONS
1. You agree to be bound by this Agreement. If
you do not agree to be bound by this Agreement
you may not access or use the Service and Student
Loan News has the right to restrict or prevent
your access to the Service. 2. Be advised that
if Student Loan News is requested by any
regulatory or governmental authority. 3.
Limitations. Only you and Registered Employees
are authorised to have access to the Service. 4.
Access to the Service is via username and/or
password (Login Details). Student Loan News
shall issue each of you and/or Registered
Employees with Login Details.
5
INCOME BASED REPAYMENT (IBR)
How Does IBR?
Income-Based Repayment caps loan payments at
15 of your discretionary income, and the monthly
payment is adjusted annually.
What are the Benefits of IBR?
1. The IBR repayment plan is a qualifying plan
for Public Service Loan Forgiveness (PSLF) 2.
The maximum payment is capped at an amount equal
to the Standard 10-year repayment plan, which is
determined when entering IBR. 3. The IBR
repayment plan is a qualifying plan for Public
Service Loan Forgiveness (PSLF)
6
PRIVACY POLICY
This privacy policy discloses the privacy
practices for StudentLoansUS.com. This privacy
policy applies solely to information collected by
this website. It will notify you of the following
What personal information do we request?
If you complete our Get a Quote form on our
website, we ask for the following information 1.
We ask for your approximate loan amount 2.
Estimated annual income 3. Current loan status 4.
Loan type 5. First name 6. Surname 7. Phone
number 8. Email address
7
Call Us- (888) 272 9846
Website- www.studentloansus.com
8
Thank You
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