Savi Simplifies Student Loan Forgiveness
An estimated $300B+ in potential Public Service Loan Forgiveness (PSLF) remains unclaimed due to low awareness, confusing rules, and high rejection rates. Just over 5% of PSLF applications are approved.
Savi creates a custom microsite for each municipality where employees can access their full suite of student loan benefits.
Savi streamlines and submits required paperwork for municipal employees, including Employment Certification Forms, reducing administrative burden for HR teams. Applications submitted through Savi’s platform have a 99% approval rate.
Savi’s Solution
- Student Loan Dashboard: A simple, secure dashboard that displays all federal and private student loans in one place.
- Eligibility Assessment: An interactive tool that evaluates potential eligibility for federal or state repayment and forgiveness programs.
- Repayment Calculator: Easily explore how income-driven repayment plans could reduce monthly payments and maximize long-term savings.
- Ongoing Education & Communication: Timely emails guide users through the process, offer policy updates, and invite them to expert-led webinars.
- Support When It’s Needed: Access to support via phone, email, and chat for help navigating the platform and answering student loan questions.
Premium Guidance
Individualized Support
Employees receive one-on-one guidance from Savi’s student loan experts to navigate complex repayment and forgiveness options.
Digitized Applications
Savi streamlines and submits paperwork for federal income-driven repayment plans and Public Service Loan Forgiveness (PSLF), reducing workload and error risk.
Comprehensive Review
A full evaluation of each borrower’s student loan situation to identify the most effective strategies for repayment and long-term savings.
Employer Benefits
- Eliminate manual paperwork: Digital tools streamline and pre-fill key steps.
- Simplify student loan support: Help employees manage repayment or return to school.
- Strengthen recruitment & retention: Offer a modern, high-impact education benefit. Track engagement and impact of Savi through a custom dashboard (seen below).
Here’s What We’ve Been Able to Accomplish
Savi Users’ Projected Loan Forgiveness by State
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