The White House and President Joe Biden have officially announced the cancellation of up to $10,000 in student debt for Americans with federal loans, and up to $20,000 for those with Pell Grants. Borrowers whose annual income is less than $125,000 (or $250,000 for married borrowers) are eligible for cancellation.
What does this mean for you? CU Boulder and TIAA have joined forces with the student loan experts at Savi to help you navigate the complexities of federal student loan policies and programs. Updates on the student debt cancellation are still coming out, and our partners at Savi will keep you up to date on pertinent details and news.
Savi will host biweekly student loan debt webinars through December to answer all your questions. See the full schedule, or plan to join the next workshop from noon to 1 p.m. Wednesday, Sept. 21.
The company's online tool helps borrowers discover their eligibility for loan forgiveness, then successfully apply for and maintain their payment plans—including verifying Public Service Loan Forgiveness (PSLF) eligibility. Even if you applied for PSLF in the past and were denied, don't overlook the opportunity to verify your eligibility through Savi. Read more about Savi's services on CU Boulder Today.