Published: Sept. 12, 2022

The White House and President Joe Biden have officially announced the cancellation of up to $10,000 in student debt for Americans with federal loans, and up to $20,000 for those with Pell Grants. Borrowers whose annual income is less than $125,000 (or $250,000 for married borrowers) are eligible for cancellation.

If you go

Who: Faculty and staff
What: Savi Student Loan Debt Workshop
When: Wednesdsay, Sept. 21, noon–1 p.m.
Where: Virtual

What does this mean for you? CU Â鶹¹ÙÍø and TIAA haveÌýjoined forces with the student loan experts at Savi to help you navigate the complexities of federal student loan policies and programs. Updates on the student debt cancellation are still coming out, andÌýour partners at Savi will keep you up to date on pertinent details and news.

Savi will host biweekly student loan debt webinars through December to answer all your questions. ,Ìýor plan to joinÌýthe next workshop from noon toÌý1 p.m. Wednesday, Sept. 21.

The company'sÌýonlineÌýtool helps borrowersÌýdiscover their eligibility for loan forgiveness, then successfully apply for and maintain their payment plans—including verifyingÌýPublic Service Loan Forgiveness (PSLF) eligibility. Even if you applied for PSLFÌýin the past and were denied, don't overlook the opportunity to verify your eligibility through Savi. Read more about Savi's services on CU Â鶹¹ÙÍø Today.