YES. AS LONG AS ALL RECERTIFICATIONS ARE DONE CORRECTLY, ON TIME, AND THROUGHOUT THE ENTIRE TERM, FORGIVENESS WILL BE GIVEN. MOST BORROWERS FALL OUT OF THE PROGRAM, DUE TO THE FAILURE TO RECERTIFY BY THE GIVEN DEADLINE, THIS IS VITAL. IN REALITY, IT WOULD BE TOO GOOD TO BE TRUE IF THE LOANS WERE TO BE FORGIVEN THE MOMENT ONE IS ENROLLED. THERE ARE MANY DIFFERENT PROGRAMS AND FORGIVENESS TYPES. AT THIS POINT, THE OBJECTIVE IS TO HAVE THE LOANS PAID OFF AND THAT IS WHY THE PROGRAMS ARE STRETCHED OUT OVER A PERIOD OF TIME TO GIVE YOU A CHANCE TO MAKE PAYMENTS THAT ARE FAIR TO YOUR SITUATION.
ABSOLUTELY NOT. OUR FOUNDERS HAVE BEEN IN THE STUDENT LOAN DEBT INDUSTRY FOR OVER 10 YEARS AND WE ARE VERY AWARE THAT IT IS DEFINITELY A SEA OF SLIME IN THE STUDENT LOAN WORLD. HOWEVER, WE ARE ONE OF THE VERY FEW COMPANIES THAT ARE TRANSPARENT, HONEST, AND DIRECT ABOUT HOW THESE PROGRAMS WORK AND THE SERVICES WE PROVIDE. OUR SERVICES WORK JUST LIKE YOUR ACCOUNTANT, BOOKKEEPER, CREDIT REPAIR, LAWYER, ETC... THOSE ARE ALL SERVICES THAT YOU MAY DO ON YOUR OWN, OR HIRE AN EXPERT TO DO IT FOR YOU. PAYING FOR A SERVICE IS NOT A SCAM, OUR INDUSTRY IS GETTING A VERY POOR REPUTATION DUE TO OTHER ENTITIES THAT ARE MISLEADING BORROWERS AND JUST SIMPLY BEING UNETHICAL. WE PRIDE OURSELVES ON OUR PASSION TO PROVIDE A SERVICE, PEACE OF MIND TRANSPARENCY, AND ABIDING BY THE AGREEMENT OUR CUSTOMERS SIGN WITH US!
THIS IS BECAUSE STUDENT LOAN DEBT IS AT 1.7 TRILLION DOLLARS NATIONWIDE AND IT IS THE ONLY FORM OF DEBT THAT NOT EVEN BANKRUPTCY CAN RESOLVE. FEDERAL STUDENT LOANS ARE A HUGE PROBLEM IN AMERICA.
YES, 100%. AS A MATTER OF FACT, THESE PROGRAMS HAVE BEEN AROUND FOR OVER 15 YEARS, ORIGINATING BACK ON OCTOBER 1, 2007. THIS HAS BEEN PUBLIC INFORMATION SINCE THEN AND CAN ALL BE VERIFIED AND SEEN DIRECTLY ON THE DOE, FSA'S WEBSITE.
SOME STUDENTS EITHER COULD NOT COMPLETE SCHOOL OR NEVER TRULY FOUND THEMSELVES USING THE DEGREES THEY PULLED AN OBSCENE AMOUNT OF LOANS FOR. OTHERS, ARE IN THEIR FIELD BUT ARE NOT COMPENSATED PROPERLY. DUE TO THESE SITUATIONS BECOMING MORE OF A COMMON DENOMINATOR IN THE REALM OF STUDENT LOANS, THE FEDERAL GOVERNMENT MADE THESE FORGIVENESS OPTIONS AVAILABLE.
PSLF PROGRAM, AS AN EXAMPLE; WAS DESIGNED TO MOTIVATE INDIVIDUALS TO WORK IN THE PUBLIC SECTOR. IN RETURN, THEY OFFER A 10-YEAR FORGIVENESS TO BORROWERS WHO DECIDED TO WORK IN THE PUBLIC SECTOR DURING REPAYMENT.
THE PROGRAMS ARE INCOME-DRIVEN AND ARE CONSCIOUS OF YOUR FINANCIAL SITUATION. AS LONG AS ALL THE INFORMATION PROVIDED TO US IS TRUE ONCE WE FULLY QUALIFY YOU THEN YOUR ENROLLMENT WILL WITHOUT ANY DOUBT GO THROUGH.
THIS DEPENDS ON THE LOAN FORGIVENESS PROGRAM YOU APPLY TO. IN SOME CASES, YOU MAY EVEN QUALIFY FOR UP TO 100% LOAN FORGIVENESS.
TEACHER UP-FRONT FORGIVENESS CAN PROVIDE ANYWHERE BETWEEN $5,000-$17,500 (IF ELIGIBLE).
AN INCENTIVE FOR COLLEGE GRADUATES TO WORK FULL-TIME IN THE PUBLIC SERVICE SECTOR ˆ I.E. POLICE, TEACHERS, NURSES, FIREFIGHTERS, ETC. ˆ FOR 10 YEARS TO QUALIFY FOR FORGIVENESS ON WHAT’S LEFT OF THE STUDENT LOAN DEBT.
YOU MUST BE A FULL-TIME EMPLOYEE (30 HRS PER WEEK) AT A QUALIFIED PUBLIC SERVICE ORGANIZATION AND MAKE 120 SEPARATE, ON-TIME LOAN PAYMENTS. YOU ALSO MUST BE IN A QUALIFYING REPAYMENT PROGRAM.
WITH AN EXTREMELY RARE EXCEPTION, STUDENT LOANS CANNOT BE DISCHARGED IN BANKRUPTCY COURT. MANY PEOPLE WHO COMPLETE BANKRUPTCY MUST CONTINUE TO PAY ON THEIR STUDENT LOANS. IF YOUR STUDENT LOAN PAYMENTS ARE UNAFFORDABLE, CONSIDER CONSOLIDATING UNDER AN INCOME-BASED REPAYMENT PLAN FOR A LOWER MONTHLY PAYMENT.
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Disclaimer: WE ASSIST WITH STUDENT LOAN DOCUMENT PREPARATION
DOC AID CENTER (DAC), does not negotiate, adjust or settle debts. We are in the business of professional document reparation only! All federal student borrowers are able and encouraged to apply for any federal repayment or forgiveness programs through the US Department of Education for free, without paying fees to any entity. Nothing on this site constitutes an official qualification or guarantee of the result. DAC is a private company not affiliated with the Department of Education of the Federal Government.
Our Value: We provide a white-glove service where we assist you in finding out what you qualify for, filling out the documents correctly so you do not get denied, and assigning a case manager processing specialist so you have someone to call with any questions along the way.
All rights reserved. Disclaimer: DAC, is not affiliated with the following: any local, state, or federal government agencies; the Department of Education; or any student loan servicers, lenders, or providers. We are not a lender, and we are not a legal advice service. We are an independent company that specializes in the development and administration of documents to assist debtors with the necessary paperwork needed to complete the federal student loan consolidation and/or forgiveness process. If you need legal or financial advice please contact an attorney or A Financial Professional. Ability to Apply for Relief: You can apply for loan consolidation or alternative repayment programs on your own, without paid assistance, through the DOE at studentaid.gov. Each of the DOE’s student loan forgiveness programs has specific conditions and requirements that must be satisfied, and borrowers may not qualify under any of these programs.