Student Loan Forgiveness is a repayment incentive program that allows borrower’s student loans to be forgiven after a certain number of qualifying payments. The main forgiveness programs that are available to Stafford Loan borrowers are Public Service Loan Forgiveness and Teacher Loan Forgiveness. If you are a teacher you may qualify for the Teacher Loan Forgiveness Program. If you are employed as a public service professional or have FFEL and/or Perkins loans, you may consolidate them into a Consolidation Loan to take advantage of PSLF. However, only payments you make on the new Consolidation Loan will count toward the 120-month payment requirement for PSLF. Payments made on your FFEL or Perkins loans, even if they were made under a qualifying repayment plan, do not count as qualifying PSLF payments
For Direct Loans Only: Your estimated monthly payment is for one year, and is calculated based on your adjusted gross income (and your spouse’s income, if you’re married) and family size. You must reapply annually with updated income information. To Apply for pay as you earn call 844-323-3328 OR Click here to apply for Pay As You Earn
Under this plan, your monthly payments are based on your adjusted gross income and family size. If you’re married and file a joint income tax return, your spouse’s adjusted gross income is also taken into consideration. Click here to apply for the IBR
or Direct Loans Only: Your estimated monthly payment is for one year, and is calculated based on your adjusted gross income (and your spouse’s income, if you’re married), family size, and the total amount of your eligible loan debt. You must reapply annually with updated income information. Click here to apply for the ICR.
For FFEL Loans Only: Under this plan, your monthly payments are calculated based on your total monthly gross income and must cover at least the interest due each month. You must reapply annually with updated income information, as this plan is only assigned for 12 months at a time.
The bureau reports that nearly seven million borrowers or 13% of outstanding loans are in default. Many individuals, like yourself can feel overwhelmed with the financial burdens brought on by student loans. Don’t be fooled by the lenders. You do have other repayment options. There are many repayment plans available that may allow you eliminate your monthly payments. Don’t wait until your situation spirals even further out of control. GET HELP TODAY! 844-323-3328
Student Loan Consolidation is a practical repayment tool that combines all your student loans into one master loan. Consolidating your student loans will reduce the pressure of multiple payments and allow you to budget your finances. People often apply for student loan debt consolidation to secure one low monthly payment, a lower or fixed interest rate and avoid wage or tax garnishments.
All quotes from [SLC] are valid for 30 days following the date of of your application. All scenario are quoted on a case by case basis. Our company accepts no liability for clients that are already in default or if clients fail to comply with instructions provided by SLC/ NCS. Our company accepts no liability for consequences of any actions taken on the basis of the information provided unless that information is subsequently confirmed in writing. We offer a free consultation to all who are interested in resolving there student loans. We do not charge any upfront cost. Don’t wait until your situation spirals even further out of control. GET HELP TODAY! 844-323-3328