TIAA has joined forces with the student loan experts at Savi to help you navigate the complexities of federal student loan programs such as Public Service Loan Forgiveness (PSLF).
Powered by Savi, a social impact technology company, this tool offers Tulane employees the opportunity to assess your eligibility and find the best federal repayment and forgiveness programs available to you, based on your financial situation.
Despite the potentially huge benefits of programs like Public Service Loan Forgiveness (PSLF), the rules and requirements are complex, and the loan forgiveness success rate without Savi has been relatively low. That’s why TIAA joined forces with Savi to offer services that can help you successfully take advantage of programs like PSLF by working to assess your eligibility and potentially cap your payment based on income and family size.
Savi offers two service tiers available to borrowers:
With Savi Essential service, Savi streamlines the entire process, from helping you enroll in forgiveness programs to ongoing support and payment tracking, ensuring you remain on track from start to forgiveness—all for a small fee.2 Here's a snapshot of what will happen.
Eligibility is based on several factors, including full-time employment, income, debt amount, number of dependents and other personal information. Please review the Savi Quick Start Guide to learn more about who is eligible and how you can use Savi’s free assessment tool to help determine if you qualify for a forgiveness plan.
We're so excited this opportunity is available to our employees and their family members. And don’t forget—student debt you’ve incurred on behalf of your children (Parent PLUS loans) may qualify for relief. If you haven't yet, take a minute and find out how much you could lower your monthly payment.
In addition to the resources linked below, Savi hosts a weekly student loan forgiveness workshop open to the public. To learn more and get registered for an upcoming virtual workshop, click here.
Savi Quick Start Guide
Frequently Asked Questions
1A portion of the fee is shared with TIAA to offset costs to support the program. In addition, TIAA has a minority ownership interest in Savi.