Meet Savi: Your Columbia Student Loan Benefit
As a Columbia University employee, you may be closer to student loan forgiveness than you think, and we want to make sure you have the tools to get there.
Columbia University qualifies as an eligible employer under Public Service Loan Forgiveness (PSLF), a federal program that can forgive the remaining balance on your federal student loans after 120 qualifying payments.
PSLF is still here, but the repayment plans that help you get there are changing. Starting July 1, borrowers will have fewer options for income-driven repayment, making it more important than ever to make sure you're enrolled in the right plan now.
To help, Columbia has partnered with Savi, a student loan benefit that helps you lower your monthly payments and expedite your path to forgiveness. Columbia employees who use Savi have an average projected forgiveness of $59,304.
Not sure where to begin? Join us for a Lunch & Learn on Tuesday, June 2 at 12 p.m., when a Savi expert will walk through how PSLF works, what's changing on July 1, and how to make the most of your Columbia benefit.