+

Exclusive for Simply Paraplanner Members:
2 Months of Free LoanBuddy Usage
5 One Hour Free Educational Videos

What’ you’ll Learn in the Videos:

This first part of the course focuses on types of student loans and balance driven plans. Be able to identify different types of student loans - Understand key features of different types of student loans - Understand and calculate balance-driven repayment plans.

  • Understanding Loan Types
  • Calculations for Loans
  • Key Loan Features
  • Fixed Plans
  • Graduate Plans
  • Subsidized vs. Unsubsidized

This second part of the course focuses on the ability to identify and calculate repayments under IDR plans -Understand differences between the programs such as treatment of spousal income, interest subsidies, and forgiveness.

  • Differences of IDR Plans
  • Calculate IDR Plans
  • PAYE, REPAYE, IBR
  • Spousal Income
  • Dependents
  • Interest Subsidies

This third part of the course focuses on the various ways to change federal loans including deferment, forbearance, consolidation, refinance and rehabilitation. Understand deferment and forbearance options -Understand consolidation and refinance -Understand the loan rehabilitation process.

  • How to Make the Choice
  • Changing Federal Loans
  • Deferment
  • Forbearance
  • Loan Rehabilitation
  • Eligibility

This fourth part of the course focuses on forgiveness and cancellation options aside from Public Service Loan Forgiveness. Understand discharge opportunities upon death or disability -Flag when to bring in a legal expert around bankruptcy or school misconduct-Understand the programs for Perkins cancellations -Know about specialized forgiveness programs.

  • Perkins Cancellations
  • Death Discharge Process
  • School Misconduct
  • Disability Paperwork
  • Specialized Forgiveness
  • When to Bring in an Expert

This fifth and final part of the course focuses on Public Service Loan Forgiveness. Understand the qualifications and requirements for Public Service Loan Forgiveness -Troubleshoot and identify key problems that borrowers face in qualifying for PSLF.

  • Understand Requirements
  • Types of Loans that Qualify
  • Understand Potential Issues
  • Sample Timeline
  • Example Scenario
  • Benefits of PSLF

Exclusive for Simply Paraplanner Members:
2 Months of Free LoanBuddy Usage
5 One Hour Free Educational Videos

Sign Up