Instantly See How Close You Are to Loan Forgiveness With This Free Tool!

Published 2024-02-12
Heard about the one-time payment account adjustment that gives you credit toward student loan forgiveness for your time in repayment, forbearance, and deferment, but wonder how much credit you'll get?

We wondered the same for our clients. So we built a tool that uses your student loan information to give you a rough estimate of how much credit you can expect to get under this waiver.

In this video, I review 3 different files to show you how the tool works.

You can use the tool for free.

šŸ”— Helpful Links:

Free TXT Tool: www.tateesq.com/tool/student-aid-txt-file-reader

Get Your TXT File: studentaid.gov/

Want to work with us? Book a call here: link.tateesq.com/book-call-youtube

CREDITS

Hosted by Stanley Tate

Editing by Helena SantĆ­

All Comments (20)
  • @dreamer.taurus
    Just tried it! It worked instantly, no glitches šŸ˜Š I will try on a laptop instead of my phone so I can scroll all the way to the right šŸ™ŒšŸ¾šŸ™ŒšŸ¾
  • @RockyTop-T
    You and your team are awesome for creating this! As much as I think I understand everything you said in the video, I still am not sure how to figure out how to calculate my own information.
  • Thank you so very much! Just what I needed just to help me understand how much credit I may receive.
  • @beany1101
    Do you think that the time gamed for consolidating and getting credits outweighs the issue of capitalized interest which will increase the balance?
  • @rfs55
    What happens if it's a mix of undergrad and grad loans?
  • @laurencusack3347
    Amazing tool - Thank you! Almost all of my payments since consolidating in 2015 are showing as deferment, but I have been on IDR the whole time. How can I have this corrected?
  • Is there any kind of help for parent plus loans? My husband and I are both over 65 and Iā€™m disabled and havenā€™t been able to work since 2010. Our daughter that the loans were for doesnā€™t make enough money to support herself and pay back the loans.
  • @akrammasood3480
    Great video ā¤. My job is offering a simple IRA. Do you know if simple IRA is tax deductible and if it would reduce my adjusted gross income ? would putting $16000 in a simple IRA, reduce my monthly student loan payments ? Thanks
  • @jojoh9343
    Wondering if you could dive into the implications of the count adjustment for PSLF? I have the impression the count adjustment applies on a different time line for the PSLF? I was in federal public service since 1997, paying on an extended plan. I just consolidated, and submitted my PSLF ER verification. So won't the count adjustment credit my years on the extended plan, and be forgiven under the 10 year timeline for PSLF?
  • Hello, Im confused. I did your calculator, and I am unsure. I sent a request to speak with you about it. I really need you to respond, because I need to do my consolidation.
  • @lisalister8002
    In your first example, is it possible for her to consolidate and then take a hardship forbearance for the next 6 months.... and still qualify for forgiveness?
  • You website does not have a scroll bar. I cannot get the information to come up past the bubbles that show my information????
  • @RockyTop-T
    When will this forgiveness be applied?