Public servants deserve strong benefits.
After dedicating your life to working in the public sector, you may be eligible for full forgiveness on your student loans.
The Mission Square Research Institute reported that nearly half of state and local government employees said they were extremely or very worried about paying back their student loans. ICMA has partnered with Savi to assist our members in managing their student loan debt. With this partnership, ICMA members will have exclusive access to Savi's resources, guiding them toward affordable repayment plans and forgiveness. Savi helps employees determine eligibility for federal student loan forgiveness, identify potential monthly savings, and apply for student loan repayment programs through the U.S. Department of Education.
Help your employees access student debt forgiveness and savings through Savi.
One consistent concern plaguing recent graduates and early and mid-career professionals is earning enough money to live comfortably while paying back their sometimes crushing student loans. The good news is that it is likely many local government employees qualify for the student debt forgiveness programs that have been making headlines recently. For your organization, you can offer this benefit to your employees, not only helping to reduce your employees’ student debt burdens, as a benefit to help retain and recruit staff. Savi will help you to navigate the various loan forgiveness programs to uncover opportunities to erase or reduce student debt loan payments. On average, borrowers who use SAVI save $187 a month on their student loan payments and $38,980 in projected lifetime savings.
How Savi Can Help with Student Loan Repayment and Forgiveness?
Repayment and Forgiveness Options: Explore eligibility for dozens of national and state repayment and forgiveness programs.
Simple Loan Sync: Sync federal and private loans across all loan servicers easily with industry standard security.
One-to-one Support: Contact student loan experts from our team at any time.
Educational Resources: Access a free, instant estimate of any savings and broad student loan resources for financial health
"I was very excited that my employer teamed up with a service that assists with student loans. I was a first time college graduate in my family. I knew nothing about student loans upon entering school. I sadly did not qualify for assistance due to including my parents income on my FASFA for grants. After completing graduate school, I found myself in over $100K student loan debt. Savi has helped me understand my student loans and assist in making sure I have the monthly payment that is feasible on my monthly income. Additionally, they assisted me with getting connected with Public Service Loan Forgiveness. I knew it was a possible program I could qualify for, but I did not know how to get signed up. I am very grateful for Savi's assistance and quick response to my questions." - Felicia R.
How Does It Work?
If you are a government leader interested in offering Savi at your organization, please complete this form and Savi will be in touch with next steps. If you are a local government employee interested in accessing this benefit, please share this information with your Department Head and check your eligibility below.
Check eligibility for debt repayment or forgiveness with a free review.
About Savi
Founded in 2017 by long-time student loan experts and advocates, Aaron Smith and Tobin Van-Ostern, Savi is a social impact technology startup in Washington, D.C. working to solve the student debt crisis. Savi was founded on the principle that America's loan borrowers, who hold $1.7 trillion of debt, deserve help navigating the complex student loan system. Using innovative technology and a team of thoughtful industry leaders, we help loan borrowers discover new repayment and loan forgiveness options. So far, we've identified over $2 Billion in projected forgiveness for student loan borrowers who have signed up with Savi as a unique student loan benefit provided by their employer, membership organization, or financial institution.
