Unparalleled support for your PSLF-eligible employees
Public Service Loan Forgiveness (PSLF) can add tens of thousands in value to your compensation package — without raising salaries.
But most eligible employees never complete the complex process.
Make PSLF simple and help your team stay on track with SavvyFi. As a result, you’ll drive recruitment and boost retention with this benefit.
We consult 1-1 with employees to ensure their PSLF success.
Phase 1: Assess and Fix
- Get employees on the path to success
- Dedicated consultative team
- Repayment assessments
- No development work required
- Fees based on expected participation
Phase 2: Maintain
- Keep employees on the path to success
- Dedicated live support team
- Easy student loan payment certification
- No additional paperwork
- Fees scale as uptake exceeds plan
SavvyFi helps your team navigate the PSLF process, unlock tax-free debt relief, and stay on track, with minimal lift from HR and maximum ROI for your organization.
How much relief can your team claim?
For one nonprofit, SavvyFi uncovered $3.5 million
in potential student loan forgiveness.
Case Study: Nonprofit Employer with 800 Staff
The organization employs over 800 people, most with degrees and many eligible for PSLF. Yet leadership only certifies a handful of PSLF forms each year.
With an estimated 15–25% of staff carrying student debt, that means dozens, even hundreds, of employees could reduce or eliminate their debt entirely through PSLF.
The Opportunity
SavvyFi identified that if just 100 employees complete PSLF, the nonprofit could deliver $35,000 in tax-free value per person adding $3.5 million in total compensation without raising base pay.
Make your benefits work harder for your people and your budget.
Big Rewards. Complex Rules. We Make It Simple.
PSLF offers full student loan forgiveness for public service workers but confusing rules often leave qualified employees in the wrong plan or with ineligible loans.
$38,375
average outstanding federal student loan debt per borrower
18.4%
eligible student borrowers apply for loan forgiveness
11%
of all PSLF and Temporary Expanded PSLF applications have been approved
24.6%
of denied claims are denied due to incomplete paperwork
SavvyFi makes it easy to stay on track, avoid mistakes, and get the forgiveness your team has earned through their commitment to serving others.
PSLF Timeline
- 1
Begin PSLF-Qualified Work
Employee onboards with SavvyFi.
- 2
Assess or Enter Income-Driven Repayment Plan (IDR)
Employee works with SavvyFi to evaluate if loan consolidation is needed to simplify PSLF tracking and increase the value of loan forgiveness.
- 3
Complete Employment Certification Form (ECF) Annually
Employee completes the form; HR certifies. SavvyFi transforms this process to a simple, digital task for everyone.
- 4
IDR Renewal Every 12 months / Review Profile and Legislative Changes
Employee stays informed and on track with SavvyFi's guidance, adjusting their plan with life changes.
- 5
Apply for PSLF
Once 120 months of qualified payments are made, employee applies for forgiveness for the remaining loan balance. Celebrate as your employee reaps the reward for their service to your community!
Ready to elevate your employee benefits with a Public Service Loan Forgiveness support program?
Let’s chat about your Public Service Loan Forgiveness program support needs and employee benefits goals.
Form not showing? Email hello@savvyfi.co or call +1 (615) 241-0144.