Student Loan Analysis
An expert will work with you to analyze your student loans, income and family size in order to help you choose the federal repayment plan that best suits your needs and situation.
What Are You Waiting For?
Student Loan Crisis
“We’re offering millions the opportunity to cap their monthly student loan payments to ten percent of their income, and I want to work with Congress to see how we can help even more Americans who feel trapped by student loan debt.”
– President Obama, 2014 State of the Union Address
Federal Loan Repayment Options
If you have Federal Student Loans, you may qualify for an income-driven repayment plan which aims to keep your payments low during times of economic hardship. In addition, these plans cap the number of payments you must make. If there is any remaining balance at the end of your maximum repayment term, that amount may be forgiven.
Loan consolidation will take all your federal student loans and combine them into a new consolidated loan. You will have only one lender, with one monthly payment. By consolidating all of your loans into Direct Loans, your repayment options may be expanded. In addition, all variable interest rate loans will become fixed.
If you are suffering from a financial hardship, you may be eligible for an income-driven repayment plan. In this repayment plan, you would have a payment based on your income and family size. Payments in these plans can be as low as $0.00 per month, with maximum repayment terms of 10-25 years.