Our PSLF video guide helps you Understand, Plan and Implement your PSLF strategy. In addition, the guide provides you step-by-step instructions for getting your loans forgiven. Plus, we show you how to reduce the risk of not getting them forgiven!
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Intro To FitBUX: 0:00
Understanding Why Its Hard To Get Help: 2:42
Identifying The Risk Of PSLF: 5:27
Understanding What Plan You're On: 6:49
Risk #1 Of PSLF: 11:58
Risk #2 Of Not Having Payments Count: 14:10
Risk #3 Over Paying: 17:52
Other Risks To Know: 20:27
Setting Up A Plan To Reduce The Risk: 23:41
How To Implement Your PSLF Plan: 33:06
The Best Way To Sleep Easy At Night: 38:09
Don't Trust The Government? Use FitBUX's PSLF Solution For Peace Of Mind?
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Public service loan forgiveness, also known as PSLF, saves student loan borrowers $62,000 on average according to the Federal Government. However, news reports indicate that approximately 1% of those that have applied have had their loans forgiven. However, most did not use the program properly. Therefore, the #1 reason why loans aren't being forgiven under PSLF are due to errors made by the student loan borrower. This is why using FitBUX's video Guide, Checklist, Public Service Loan Forgiveness Solution, and other resources are extremely valuable.
If you work for a non-profit full-time then you can qualify for PSLF. Full-time is defined by the non-profit you work for. You also need to make sure you plan on staying working at a non-profit for 10 years. This does not need to be the same non-profit. The number one reason why we see FitBUX Member's not qualify for PSLF is the fact that they leave the non-profit sector within 2-4 years of working. If you leave the non-profit, you are still on an income driven repayment plan and must prepare for the tax burden or switch to a student loan pay off strategy.
There are a number of reasons why you shouldn't use PSLF. Here are just a few:
Be sure to watch the video guide above and download or PSLF checklist. Also, Fed Loan servicing is constantly making mistakes plus your life can change over the next 10 years. Be sure to sign-up for our Public Service Loan Forgiveness Solution so you can sleep easy at night.