If you're in the military and you have student loans, you may qualify for special benefits in recognition of your service. For example, the Servicemembers Civil Relief Act may qualify you for a reduced interest rate. Time spent serving in the military may also count toward Public Service Loan Forgiveness, if you're paying your student loans under an eligible payment plan. Watch this short video to learn a few of the ins and outs of student loans for service members, and call our military benefits team to get individualized help: https://www.navientpath.com/navientpath/login…
“How do I pay towards the principal of my loan?” is among the most common questions we hear. To fully understand how payments are applied, it's important to understand how interest works. Take a look back at this article for a refresher.
Our interactive financial goals worksheet helps you plan for your short-term goals (like your emergency fund or concert tickets), and long-term goals (like a wedding or buying a home). Prioritize your goals today: https://navient.com/…/document…/Set-Your-Financial-Goals.pdf
May is Military Appreciation Month and at Navient we have a servicing group dedicated to your unique student loan benefits and needs. Contact us if you need assistance with your student loans: https://navient.com/…/for-…/servicemembers-civil-relief-act/
✅ SCRA 6% interest rate cap
✅ Public Service Loan Forgiveness (PSLF)
✅ Military Service Deferment
✅ Military No-Interest Accrual Benefit
✅ Income-Driven Repayment
These are just a FEW of the many student loan benefits members of the military may be entitled to. Find out more below.
Interested in an Income-Driven Repayment plan for your federal student loans? Here are a few things to consider when making a decision: https://medium.com/…/your-biggest-income-driven-repayment-p…
May is Military Appreciation Month! The last thing deployed or active duty military personnel should have to worry about are managing student loans. Take advantage of these tips from the U.S. Department of Education so that you have one less thing to think about: https://www.navient.com/…/Military-Student-Loan-Benefits.pdf
Do you know how to spot a student loan scam? Some third-party companies claim they can reduce your payments or even forgive your student loan for a fee, of course. But in reality, you don’t need to pay anyone to apply for income-driven repayment or loan forgiveness. Your U.S. Department of Education loan servicer can help you apply for FREE! So, don't fall prey to those Facebook ads that look like fake news articles. Read more here on how to protect yourself from scams: https://navient.com/…/payment-…/protect-yourself-from-fraud/
If you're in the military and have student loans, you may qualify for special benefits in recognition of your service. For example, the Servicemembers Civil Relief Act may qualify you for a reduced interest rate. Time spent serving in the military may also count toward Public Service Loan Forgiveness if you're paying your student loans under an eligible payment plan. Watch this short video to learn a few of the ins and outs of student loans for service members: https://www.navientpath.com/navientpath/login…