StudentLoan Tech’s founder has been helping families navigate financial aid and student loans for over 20 years.Through the use of StudentLoan Tech’s unique software and student loan expertise we aim to not only maximize our client’s student loan forgiveness but also help them increase retirement savings, obtain advanced degrees, and improve their overall financial wellness!
Yes. At StudentLoan Tech we utilize a premier provider of cloud based web services that has an unmatched guarantee of security and integrity. We utilize the same security infrastructure as Amazon Inc and Netflix. Additionally, all payments collected from StudentLoan Tech are processed through a reputable payment system that is also used by Lyft, Facebook, and Salesforce. Client confidentiality and security is a key component in our business.
At StudentLoan Tech there is no fee to sit down with an advisor and determine your eligibility for loan forgiveness. However, if someone chooses to utilize our software to develop a personalized financial plan with optimized student loan repayment, generate all enrollment documents, personalized instructions for enrollment, and additional assistance then yes there is a small fee.
Yes & No. Often times our clients have FFEL or Perkins loans and are required to do a consolidation in order to enroll in PSLF. However private loans and parent plus loans can cause problems with eligibility. Please have your situation evaluated using the StudentLoan Tech app BEFORE beginning any consolidations.
Yes, but they do not customize and strategize to increase your eligibility for loan forgiveness. In addition, people who enroll with their servicer are often placed in an Income Driven Repayment plan that is not optimal for their situation resulting in higher monthly payments. At StudentLoan Tech, our strategies optimize your financial plan to meet your goals.
After one year, you will be contacted by StudentLoan Tech to complete your Employer Certification form. StudentLoan Tech recommends that you complete this form on your one year anniversary and every time you start a new job. You are also required to complete Annual Recertifications for the PSLF program. Your loan servicer will calculate a new loan payment amount based on your current income. StudentLoan Tech can help you with your Annual Recertifications by reevaluating your financial situation and generating Annual Recertification documents and instructions for you.
Yes. Going back to school can be a stressful time. StudentLoan Tech can customize a strategy for you making additional education affordable. StudentLoan Tech can maximize your loan forgiveness and financial wellbeing before, during and after going back to school.
Your payments can change if there are changes to your finances or your household size. Your payment will be recalculated based on your current financial and household information on a yearly basis when you complete your Annual Recertification. StudentLoan Tech can ensure you are still optimally enrolled when you go through life changes. Situations which may impact your repayments: Getting married, having children (any increase in dependents), getting a raise, losing your job, or having a parent move in with you.
In order to qualify for federal loan forgiveness programs your loans must be federal loans. However, at StudentLoan Tech we specialize in helping our clients develop a personalized loan forgiveness strategy no matter the type of loan. Private and parent plus loans are typically what give people the most trouble. At StudentLoan Tech we can help!
After completing your program, you will want to have an advisor reevaluate your financial situation. StudentLoan Tech will generate your new financial plan, enrollment documents and client instructions for you, at this time.