Even though Keiser University provides the education and training you need to succeed in your chosen field, if you’re struggling with student loan debt, it can be hard to put your education into practice. But there may be hope on the horizon! If you attended Keiser University and you are struggling with student loan debt, you may qualify for Keiser University loan forgiveness, also known as student loan discharge, federal student loan forgiveness, or student loan cancellation.
3 Things To Know Before Applying For Loan Forgiveness
The federal government has a special program in place to help borrowers who are struggling with student loans. One way that you can get some relief is through what’s called loan forgiveness. But, before you apply, there are three things you should know: 1) Every situation is different; 2) There are multiple types of forgiveness programs available; and 3) Loan programs come and go, so talk to your employer or financial aid office at school to make sure it hasn’t changed since last year. You also want to make sure that none of your loans have been sold off to a collection agency. If they have, you could be denied for any sort of loan-forgiveness program.
Fill Out The Application Now
One of many reasons people cite as a reason they do not pursue higher education is financial hardship. An often over-looked solution to some of these hardships is Keiser University Loan Forgiveness. For those who believe they might be eligible, we offer an opportunity to apply for loan forgiveness via our online application. Please feel free to contact us if you have any questions about your eligibility. If you’ve attended Keiser and you’re ready to find out whether or not your loans will be forgiven, let’s get started!
What Is Tuition Assistance Program?
Tuition Assistance Program, or TAP, is a federal student aid program designed to provide money to students who enroll in eligible post-secondary education programs. It’s funded through state grants and employer contributions. Under TAP, employees can receive up to $5,250 per year (up to $27,500 total) for tuition and fees. To qualify for TAP aid, recipients must
Tips To Reducing Student Loan Debt
The first step to reducing your student loan debt is through repaying it early. Some federal loans and some private loans will allow for a reduction in interest charges when repayment is made through an income-based repayment plan or an income-contingent repayment plan. If these plans are not available to you, there are still ways that your monthly payments can be reduced. You should try to make extra payments on a regular basis so that less principal has to be paid during each payment period. The less principal that is paid, the faster your balance will go down and more quickly it will be eliminated from your books.
7 Steps To Pay Off Student Loans Faster
Student loans are a burden that most graduates will never be able to escape from. However, when it comes to repaying your student loans, there are various steps that you can take to make repayment as easy as possible. From trying to get on an income-driven repayment plan to consolidating your loans with a private lender, there are many ways that you can speed up repayment and ultimately pay off your student loans faster. With most experts recommending debt repayment in three years or less, figuring out how you can repay more quickly is one of the best things that you can do after graduating college.
What Are Income-Based Repayment Plans?
The first step to enrolling in an income-based repayment plan is to fill out and submit an application with your lender. Your lender will be able to tell you which plan(s) they offer and how to apply. Depending on which plan(s) they offer, they may also require additional documents such as tax returns or pay stubs. For example, if your lender offers Income-Based Repayment (IBR), Income-Contingent Repayment (ICR), or Pay As You Earn (PAYE), a completed IBR/ICR/Pay As You Earn application form is sufficient documentation.
How Do I Apply For Income-Based Repayment?
To find out how to apply for income-based repayment, go to www.studentloans.gov and click on Income-Based Repayment under Repaying Your Loans. Once there, you can select either option: If you have not yet borrowed money from any federal student loan program, or if your loans are in default, or are being returned by your lender due to an endorser’s default or bankruptcy: Apply online at www.studentloans.gov.
What Is Public Service Loan Forgiveness (PSLF)?
Public Service Loan Forgiveness (PSLF) is a federal program which can eliminate or forgive your Direct Loans—including those from graduate school—in exchange for employment in public service. In order to obtain PSLF, eligible borrowers must make 120 on-time, monthly payments while working full-time in a qualifying position. After 10 years of payments have been made, borrowers are eligible to have their remaining debt cancelled. The terms and requirements can be confusing; we’ve broken down some frequently asked questions about PSLF below
What Is Teacher Loan Forgiveness?
You may be eligible to have your federal student loans forgiven under Public Service Loan Forgiveness (PSLF). But, before you apply, it’s important to know exactly what PSLF is and who qualifies. This guide will help you understand all of your options so that you can get on track toward achieving PSLF. If it turns out that applying for PSLF isn’t right for you, there are other ways to forgive student loans and lower interest rates. To learn more about them, check out our post here.
How Do I Get Teacher Loan Forgiveness?
There are certain conditions that need to be met in order to obtain teacher loan forgiveness. First, you must have been working full-time as a full-time teacher at an eligible elementary or secondary school that provides any kind of special education and serves low income families. You must also be enrolled in an eligible teaching program. If all these requirements are met, you can apply for teacher loan forgiveness through one of two student loan forgiveness programs: The Teacher Loan Forgiveness Program or The Public Service Loan Forgiveness Program. If neither applies to your situation, contact your lender about alternate repayment plans available. Your plan may offer interest rate reductions and other solutions tailored to your situation.