Find out about education loan support

The Attorney General’s Education Loan Assistance Unit helps borrowers:

  • explore repayment choices;
  • make an application for federal repayment that is income-driven;
  • avoid standard or get loans away from default;
  • end wage garnishments, income tax reimbursement interceptions, or advantage offsets;
  • resolve disputes that are billing loan servicers;
  • obtain loan details and information;
  • stop harassing collection phone calls; or
  • apply (in rare circumstances) for discharges.

To have assistance, please submit a student Loan Help Request. Whenever filling in the request, please explain your education loan situation in since much detail as possible.

Your demand shall be evaluated when you look at the purchase in which it absolutely was gotten. It is crucial which you continue to satisfy any deadlines while you’re waiting to listen to from us. In the event the demand will be better handled by a various federal government agency, we’re going to refer one to that agency.

The Attorney General’s workplace cannot give you appropriate act or advice as your lawyer. For those who have concerns regarding the certain application or interpretation for the law, please check with an attorney that is private.

Watch out for education loan “debt relief” companies

Education loan “debt relief” organizations charge charges for assisting student that is federal borrowers sign up for income-driven payment plans, combine loans, or get loans away from default. It’s important to know that there surely is absolutely nothing these firms can do you https://speedyloan.net/reviews/moneylion can’t do on your own for free for you that. Learn to spot student loan “debt relief” scams from the U.S. Department of Education’s site. In the event that you’ve been deceived by a learning education loan “debt relief” company, please register A student Loan Help Request.

Just how to explore loan that is federal choices all on your own

step two: read about i ncome- d riven r epayment p lans and when relevant, Public Service Loan Forgiveness. Income-driven payment plans tie your loan payment to your earnings, and will be as little as $0 each month.

step three : utilize the U.S. Department of Education’s Repayment Estimator to estimate your monthly obligations, the projected total expenses, and forgiveness that is potential under each plan.

step four: submit an application for an income-driven repayment plan utilizing the U.S. Department of Education’s internet site or mail the program to your federal loan servicer along with your earnings paperwork.

Step 5: make sure to recertify your revenue and family members size every year. In the event that you neglect to recertify on time, your payment will increase and any unpaid interest will be put into your loan stability. Your servicer will be sending you a notice about recertification one per year.