Student Loan Forgiveness
Every consolidation that we process will be under the William D. Ford Federal Direct Program. This program has loan forgiveness built in to the end of your payment terms. When you have made your payments for the allotted time, any unpaid balance will be forgiven by the Department of Education. There are many different repayment options associated with the William D. Ford Federal Direct Program.
Standard Repayment Plan
Income-Based Repayment Plan
Contingent Repayment Plan
Pay As You Earn Repayment Plan
monthly payment
Disability Discharge
In order to receive loan forgiveness, you must be enrolled in a qualifying repayment plan:
If you make 120 qualifying payments while working full-time in certain public service positions, the remaining balance on your Direct Loans may be forgiven. FFEL Loans or Perkins Loans will not qualify for Public Service Loan Forgiveness.
If you consolidate your FFEL or Perkins loans into a Direct Consolidation Loan, those loans could then become eligible for forgiveness. Just remember, any payments you made on your loans before they were consolidated will not count towards loan forgiveness. And anytime you consolidate a loan you could lose any benefits attached to that original loan, so be sure to evaluate your loan terms before deciding to consolidate.
CONSULTATION
Speak with live person and discover the many repayment options for your Federal Student Loans.
COMPARE PROGRAMS
Learn about all the benefits of each program and which one is best for you and your family.
DOCUMENT PREPARATION
We help you prepare all of your documentation and facilitate a timely submission to the Department of Education.
Additional Articles
State-of-the-Art Education Software Often Doesn’t Help Students Learn More
Wonderful in theory, but does it work in practice? The Bill & Melinda Gates Foundation sought to find out, and gave money to 14 colleges and universities to test some of the most popular adaptive learning software in the marketplace, including products from a Pearson-Knewton joint venture, from a unit of McGraw-Hill Education called ALEKS […]
The Top 10 Student Loan Tips for Recent Graduates
Whether you just graduated, are taking a break from school, or have already started repaying your student loans, these tips will help you keep your student loan debt under control. That means avoiding fees and extra interest costs, keeping your payments affordable, and protecting your credit rating. If you’re having trouble finding a job or […]
Paid $74,000 in student loan debt in just 2 years
Matthew Burr paid off nearly $74,000 of student loans in less than two years. When Matthew Burr finished his master’s degree in 2011, he figured he owed about $50,000. But he was in for a surprise. “The number was almost $15,000 more than I’d previously estimated,” he remembers. Between the $65,000 from 18 months working […]
Our Core Services
One Promise
Our goal is simple: To help you process complex documents so you don’t have to. Isn’t it time to take advantage of what you deserve?
Our Belief System
Valued Relationships
Clear Communication
Weekly Address: Making Our Communities Stronger Through Clear Communication
EDUCATION ADVISORY GROUP “EAG” is a for-profit business that for a fee assists in compiling, preparing and processing paperwork for people seeking consolidation, restructuring and/or forgiveness of their federal student loans through the U.S. Department of Education’s (“DOE”) programs. · EAG is not affiliated with and has no special relationship with the DOE or any other academic or governmental entity. · This site and is not affiliated with or endorsed by the DOE, and the content or any information posted on this site is not endorsed by and does not reflect the views of the DOE. · You can apply for loan consolidation or alternative repayment programs on your own without paid assistance through the DOE at Studentloans.gov. EAG is not a loan servicer and does not renegotiate, settle, or in any way alter the terms of any payment or debt.