This announcement first appeared as a UAnnounce memo.
UPDATED: Sept. 2, 2022
Do you have student debt? A new employee benefit can help you work through federal repayment plans and loan forgiveness programs.
The new benefit, called the Savi student debt solution, is offered by TIAA*, one of the University of Arizona's investment and financial planning providers.
How to use Savi
Visit the TIAA student debt relief website and follow the prompts. You will need:
- Estimated or known monthly payments
- Adjusted Gross Income from most recently filed federal taxes
Once you create your account, you may choose one of Savi's two tiers of service:
- DIY (Free): Quickly see your unique repayment plan options and potential savings upon entering your personal information. Complete, print and send your own paperwork.
- Essential ($60/year): Track payments toward forgiveness and get convenient e-filing, one-on-one assistance, reminders and more.
Employment Verification for Public Service Loan Forgiveness
The University of Arizona is a qualifying employer for Public Service Loan Forgiveness. To find out whether you might qualify, visit the Federal Student Aid website at https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service. For questions about the PSLF process, phone PSLF Customer Service at 855-265-4038.
To request PSLF employer verification, please send an email to Employee Records at email@example.com(link sends e-mail). We will then email you the fillable form with sections 3 and 4 completed, so that you can complete the other sections. To protect yourself from identity theft, do not email us a partially completed form with any personally identifiable information.
*All employees can use Savi regardless of whether they use TIAA or Fidelity.