Friday, October 6, 2017

Student Loan Relief May be Possible for District Staff

Student loan debt is greater than ever, burdening educators with the high cost of repayment or worse, incurring more debt for advanced degrees. But now there’s a way to help! The national Association for Educational Service Agencies (AESA) of which Heartland AEA is a member, and Innovative Student Loan Solutions (ISLoan) have partnered to provide a new benefit for staff in your district.

ISLoan Solutions is a student loan advisory firm (not debt consolidator), that offers a voluntary student loan relief benefit that may be able to help any of your school employees with federal student loans, including Parent Plus Loans, reduce their monthly student loan payment and overall obligation. This benefit provides information to your employees about their potential for significant savings on student loan debt. This is a free, voluntary, no obligation review and consultation for your staff. If the employee wants to take the relationship further and utilize ISLoan Solutions to implement a loan relief program on their behalf, there will be a fee to implement all of the necessary steps. The fee is based on the complexity of the student loan forgiveness strategy.

This program was first introduced to educational service agencies, such as AEAs, across the country through the AESA national consortium. Grant Wood AEA piloted the program in Iowa in 2016 and has reported positive reviews. In April 2017, superintendents in the Heartland AEA service area reviewed the program and suggested moving forward by disseminating the offer to districts.

The attached document has information that you may share with your staff. To start the process, visit https://Heartlandaea.myisls.com/register and enter code AEA11 to learn more.

For any questions, contact Rachel Jackson, ISLoan Solutions Program Manager for districts in the Heartland AEA service area, at (513) 645-1192 or Rachel.jackson@isloansolutions.com.

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