What is this tool?
Savi partners with organizations to provide members with an online student loan evaluation tool to determine your eligibility for federal repayment and forgiveness programs.
How does this work?
Just answer a few questions on our secure website, and the software will do the rest. It will automatically determine your repayment options, including whether you qualify for any loan forgiveness program and show you what your potential savings could be.
Who is Savi?
We are student loan experts, advocates, and borrowers — people who have been fighting for many years to improve the broken student loan system. We've seen some progress, like improving income-based repayment options or providing loan forgiveness for people in certain high-need fields of work. But it's not enough to help the 44+ million student-loan borrowers. We realized that borrowers need better and more personalized information about how to manage and repay their debt. All the repayment options and loan terms can seem overwhelming, and most of the information online is not personalized or doesn't have your best interests at heart. Savi is a registered public benefit company that helps student loan borrowers find their path to student loan freedom.
How does the tool benefit you?
We developed a unique algorithm to review your student loan options and summarize repayment options that fit your needs. Whether that's saving as much as you can per month or paying the least total amount over time, the decision is ultimately yours. If you decide to move forward with a program, we can help enroll you digitally so you do not have to worry about completing complicated paperwork. We are not financial advisors — but our goal is to make it as easy as possible for you to make the best decision.
Why does this tool exist?
According to CNBC, 70% of college students graduate with a significant amount of student loan debt. 44 million Americans collectively hold nearly $1.5 trillion in student debt, with the average being $37,172. Our tool is designed to help members navigate this confusing and intimidating financial hurdle.
What information do you need to use the tool?
When you are completing Savi's online registration, you will enter your basic personal information, tax information, and can sync your student loans. We recommend having a recent tax return and student loan statement available to make your registration run as efficiently as possible.
How do you contact customer service?
Where do you go to login to your account?
You can log into your account using your existing login credentials by clicking the green "login" button at the top right corner of your screen. You can also refer to the link in the confirmation email you received upon registering your account.
Who does Savi partner with?
Savi partners with employers, unions, colleges and membership organizations to help their constituents better manage student debt. The tool is offered as an employee and member benefit.
Know people that could really use this help?
If you know an organization or have a community of people who could benefit from access to Savi, please email firstname.lastname@example.org for more information.