Comprehensive Student Loan

Repayment and Consolidation Service

Student Loan Debt now exceeds over 1.2 trillion dollars. Student loan repayment is one of the most confusing and complicated loan repayments that people will make in their lifetime.  Our service brings together the consolidation process, analyzes the numerous repayment methods and identifies loan forgiveness options.  In addition we discuss and help you identify possible future changes that could impact your loan repayment.  Different repayment methods will be impacted as your income or marital status changes.  Colleges and student loan servicers do not provide this planning information on loan repayment decisions.

We have a new website, EFC PLUS is dedicated to Student Loan Repayment and College Funding. The website has a blog and information library to better help people understand this process.

Plans start as low as $249.00 for federal student loans analysis. Please call us if you need our help.  The comprehensive student loan service helps you with the following:

  • Simplifies Payment
  • Minimizes Risk of Missed Payment and Default
  • Better Loan Forgiveness Options
  • Repayment Methods 

Federal Student Loans offer the best methods of repayment. These methods help students and parents match their repayment amount based on their current budget. Understanding the details of each of these methods can be confusing. Parent Loans are limited to certain methods and loan forgiveness is only available if certain methods are used.

Listed below are the various methods:

  • Standard Ten-Year Repayment (10 Years – Fixed)
  • Graduated Repayment (10 Years with Increases every 2 years)
  • Extended Repayment  (Based on Loan Amount – Fixed)
  • Extended Graduate Repayment (Combines added time and increase every 2 years)
  • Income-Based Repayment  (Uses Income and Poverty levels to determine amount)
  • Income-Contingent Repayment  (Direct Loans only using Income as a base)
  • Income-Sensitive Repayment (FFEL Loans only using Income as a base)
  • Pay As You Earn (PAYE)
  • Revised Pay As You Earn (REPAYE)

 Forgiveness Options

There are various forgiveness options offered to students. These are offered by different government agencies and employers. Most of the loan forgiveness programs are taxable events and could also impact your repayment method. It is important to check with your employer to inquire if they offer any plan or if they are a 503(c) non- Profit Company since this may accelerate debt reduction.

 Listed below are the various methods:

  • Public Service Loan Forgiveness (120 Payments)
  • Government Loan Forgiveness (25 Years)
  • State and Employer Forgiveness (Varies) 

Some of the repayment options will add more debt onto your loans.  Making the best decision at the beginning is critical to avoiding financial issue later in life.


Leave Comment