How Do I Apply for Student Loan Forgiveness?
Trying to navigate the waters of student loan debt can be difficult and confusing, that’s why My Education Solutions Advisors are here to help! In this blog post, we will discuss the different Student Loan Forgiveness programs available and how to apply for them. We’ll also talk about ways to take advantage of the new PSLF Waiver that end in a few months so you can get on track towards becoming debt-free! If you are ready to fast-track your student loan debt repayment plan, read on for more information or contact My Education Solutions today!
Find The Right Program
You may have become very confused after trying to figure out which of the different federal Student Loan Forgiveness programs are right for you. There is a lot of contradictory information on the internet and social media that they paralyze you from doing anything. The truth is right now is the time to act! The PSLF waiver is available and your best chance to have your student loan eliminated. While millions are waiting to see if their student loan debt will be forgiven, you could be proactively qualifying for Forgiveness right now. To speak with a My Education Solutions Student Loan Forgiveness Advisor, at no cost, you can ask your questions and see if you qualify or visit the My Education Solutions website to learn more and qualify yourself with the MES calculator online. Once you have selected the program you would like to apply for, it’s time to begin the application process!
How to Enroll in Student Loan Forgiveness
The My Education Solutions Advisor can pre-qualify you and assist you in enrolling. Any questions that come up the Advisory is here to help. With MES the only documents you need to enroll are a copy of your driver’s license and if you are working a pay stub or stated income letter. Enrolling with My Education Solutions can be completed within 10 minutes.
My Education Solutions Submits Your Application
MES submits your application electronically and tracks its progress through the Department of Education on your behalf. If additional information is needed, then we will follow up and supply it to them. The process typically takes six to eight weeks. Once approved, the MES team contacts you to set up your payment day and will begin drafting your bank account and transferring the money to your Servicer on your behalf electronically. All the payments made on your program, even zero pays to your Servicer, will be tracked and stored in CAP (Client Advocate Portal) which manages your Forgiveness payments. Each year, MES will renew your Forgiveness Program, so you stay in compliance.
If you have questions about Student Loan Forgiveness or need help with your application, the team at My Education Solutions is here to help. We offer various services to help you get out of debt and take control of your finances. Contact us today to learn more!