Student Loan Repayment Optimizer

  • How would you like to enter your loans?

    Note: The National Student Loan Data System (NSLDS) contains data about all of your federal loans across all service providers. Creating an account is free and takes less time than entering your loans manually, so we strongly encourage everyone to sync or upload their loans using NSLDS.
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  • Sync My Loans

    NSLDS

    We can directly pull-in your loan data from the National Student Loan Data System. Your username and password will only be used once to securely sync your loans and will not be saved.

  • Sync My Loans

    NSLDS

    We can directly pull-in your loan data from the National Student Loan Data System. Your username and password will only be used once to securely sync your loans and will not be saved.

  • Potential Benefits Qualifications

    Your eligibility for some payment programs is based on if you are a “new borrower” (determined by this question).

    Different programs also have different definitions of a “new borrower.”

    You can verify if your school qualifies using the Teacher Cancellation Low Income (TCLI) Directory.

    Some government loans can be forgiven if you taught in a school that serves low-income families for 5 or more years.

    You can see the criteria for a highly-qualified teacher on the Federal Student Aid Website. Teachers may receive up to $5,000 of federal loans forgiven.

    Teachers in these fields are eligible can have greater loan amounts (up to $17,500) forgiven.

    The following types of organizations qualify as public sector or non-profit:

    • Government organizations at any level (federal, state, local, or tribal)
    • Non-profit organizations that are tax-exempt under Section 501(c)(3) of the Internal Revenue Code
    • Other types of non-profit organizations that are not tax-exempt under Section 501(c)(3) of the Internal Revenue Code, if their primary purpose is to provide certain types of qualifying public services

    NOTE: Contractors who perform contract work for a qualifying organization do NOT qualify unless they are paid directly by the qualify organization. Very few public sector or non-profit contractors will qualify.

  • Personal and Financial Information

    Indicate your expected official residence in next year’s tax filing.

    Your credit score will help us estimate your interest rate for private repayment plans. If you do not know your credit score, you can use the following guidelines:

    • If you have had credit products (e.g., credit cards, auto loans) for 5+ years and have missed no more than one payment, select “Excellent”
    • If you had credit products for 1-5 years or have missed just 2-3 payments within the last five years, select “Good”
    • If you never had a credit product or have missed more than 4 payments within the last five years, select “Rebuilding”

    Your adjusted gross income is your total income minus specific deductions. You can easily find it on your tax return. For most persons, it will be very close to their total pre-tax income.

    Whenever possible, we will try to exclude options you cannot afford. If you are unsure about what you can afford, our guideline is 15-20% of your monthly income.

    Wage growth is important for determining future payments for income-based repayment plans. It’s okay to make a very rough guess. When your income changes, you can always re-run the calculator.

    Your household size includes you and any dependents (i.e., children and parents you support more than 50% financially).

    If you are married, your spouse’s income may be be incorporated into some payment programs, even if you file your taxes separately.

    Your spouse’s adjusted gross income is his/her total income minus specific deductions. You can easily find it on his/her tax return.

    Wage growth is important for determining future payments for income-based repayment plans. It’s okay to make a very rough guess. When your spouse’s income changes, you can always re-run the calculator.

  • Join borrowers from across the nation in saving time, money, and stress.

    • Benjamin Franklin

      An investment in knowledge pays the best interest.

      Benjamin Franklin
    • Pablo Picasso

      Action is the foundational key to all success.

      Pablo Picasso
    • Abraham Lincoln

      Let no feeling of discouragement prey upon you, and in the end you are sure to succeed.

      Abraham Lincoln