Navient Student Loan Forgiveness Programs – Student Debt Relief/Repayment Options

Student Loans or Education Loans are particularly useful for those who seek an opportunity for higher studies in reputed colleges/institutions but lack the finances needed for going ahead. However, a loan, whatever type it may be, causes an immense amount of personal stress and financial strain. A student loan can severely impact your financial growth as you have to immediately start returning the loan in fixed monthly installments upon joining a job after your studies are over. Since you are just beginning out in your professional career, it might be extremely difficult for you to manage the installments.

Navient Student Loan Forgiveness Options
Navient Student Loan Forgiveness Options

Good news is that if the company Navient is servicing your loan you can apply for student loan forgiveness and discharges. However, the scenario is not that simple and straightforward. In this post, we are going to detail on Navient Student Loan Forgiveness Options.

Navient Student Loan Forgiveness & Discharges: Federal or Private

Navient student loan forgiveness options largely rely on the point whether your student loan is federal or private. If your student loan is federal then you have a good number of forgiveness options. However, if your student loan is private, the Navient student loan forgiveness options come down to few in numbers and are available for limited programs only. Therefore, as a first, you must know whether your Navient student loan is federal or private.

Please note that Navient is a loan servicer and you could have federal loans serviced by Navient or you might have private loans serviced by Navient. Navient is not a lender. It works with the borrower, on behalf of the lender, to set up repayment and consolidation agreements. Therefore, if you require any kind of assistance with your loan, you contact your servicer. In this case, if you are not sure whether your student loan is federal or private; there are two options to know the same.

1. National Student Loan Data System

You can check whether your Navient student loan is federal or private by logging into the National Student Loan Data System (NSLDS). Please note that you require an FSA ID for logging in. If you don’t have one you can create. Tap on ‘Financial Review’ post logging into the system and you will be able to see a complete and consummate list of entire federal student loans under your hood. Private student loans do not come up on this list.

2. Contact Navient (

Another option is that you can contact your loan servicer Navient directly and acquire the information whether your student loan is federal or private. You can contact Navient easily from the button given below:

Contact Navient (Student Loan Services)

Are Sallie Mae and Navient the same?

Please note that Sallie Mae and Navient are not the same even though both of them have come up from the same company. Hence, Sallie Mae loans are not Navient loans and vice-versa. If your student loan is from Sallie Mae then it will definitely be a private student loan since Sallie Mae provides new private student loans both as a lender and a servicer. On the other hand, Navient is a loan servicer that manages both federal and private student loans.

Navient Student Loan Forgiveness Options for Federal Student Loans

If you have a Navient Federal Student Loan then you are in a good situation as you can easily apply for federal student loan forgiveness and discharges programs. Following are the federal student loan forgiveness programs.

  • Income-Driven Repayment (IDR)

As clear from the name, under IDR, you can make lower monthly payments for the long term which is, usually, around 20-25 years. In this duration, if you remain regular in your payments, the remaining amount on your federal student loan becomes eligible for discharge.

  • Public Service Loan Forgiveness (PSLF)

If you are working in the public sector or a non-profit organization, you can avail student loan forgiveness after 10 years of loan repayment under an IDR Plan.

  • Total and Permanent Disability (TPD) Discharge

As clear from the name, if you happen to face any total and permanent disability in life, you are eligible for federal student loan forgiveness.

  • Teacher Loan Forgiveness

If you are working as a teacher for five years with one year being at a title 1 school, you are eligible for federal student loan forgiveness up to $17,500.

Navient Student Loan forgiveness options for Private Student Loans

If you are holding a private student loan, you can consider the following possibilities of private student loan forgiveness.

  • Loan Forgiveness Due to Disability or Death

Some private lenders will forgive private student loans on account of a death or a disability. You require speaking with your lender or loan servicer regarding the same. You can get all or a part of your private student loan forgiven in such cases.

  • Loan Forgiveness Due to Bankruptcy

Under this scenario, you require proving that if you continue to pay your student loan, you have to face immense difficulties and arduous situations. Though chances are pretty less in the cases of bankruptcy, if you have a high amount on your head as a private student loan, you must go and try it out.

  • Talk with your Lender

If you find that paying off your private student loan is becoming difficult for you, you can go ahead and talk to your lender. Even if they do not provide forgiveness, they certainly can provide you with an alternative repayment plan which doesn’t hurt your current financial situation. Please note that you might require giving out documentations explaining your financial situation.

Everything About Navient Student Loan Forgiveness & Discharges

Now, you are aware of the options that are present with you if you wish to apply for forgiveness on your private or federal student loan. Please note that it is always better to seek out forgiveness or repayment options if the current terms and conditions of your student loan are disturbing your financial situation and are becoming a source of immense personal stress. If you happen to have any questions or queries in mind about Navient Student Loan Forgiveness and discharges, please reach out to us through the comments section provided below.

In the next article, we will discuss more on Navient Lawsuits affects our student loans and what student has to know what he is borrowing. And, more in-depth detailed guide on Navient deceptive practices, the audit suggests and many more on navient student loan forgiveness failures. Till then Bye and be in touch with us for more updates.

Federal Student Loans – FAFSA(How to Apply & Repayment) | Navient

As it becomes clear from the name, Navient Federal Student Loans are the financial advances taken from the government by the students for their education. Federal student loans are primo for those students whose households do not have the required financial strength to pay for their education particularly college fees. Set up by the legislature, and governed by the law, federal student loans provide innumerable benefits, which are not present in the private student loans. Hence, for a majority of the students, federal student loans are the first choice when it comes to seeking financial aid for higher studies.

How to Apply for Federal Student Loans
Federal Student Loans -Navient

Unlike private student loans, government student advances do not require any co-endorser. In case you have defaulted on repayment, federal student loans, provide far greater reimbursement and repayment options as compared to private student loans. Moreover, federal student loans do not demand from you to have a credit or salary and you have a significantly higher chance of obtaining Public Service Loan Forgiveness in the case of federal student loans. Hence, when in need, it is always better to go for federal student loans first. If, in any case, your federal student loan goes unapproved, then you can pursue private student loan options.

Contact Navient (Student Loan Services)

How to Apply for Federal Student Loans

Following is the set of steps that you require following in order to apply for federal student loans for the education fee:

  • As a first, you require completing The Free Application for Federal Student Aid (FAFSA). FAFSA is a form completed by current and prospective college students in the United States to determine their eligibility for federal student aid. You can fill up the form at
  • Post providing the FAFSA, you receive a Student Aid Report. The Student Aid Report concentrates the information that you provided in FAFSA into an amount called a normal family commitment. The normal family commitment is the sum that, according to the administration, your family can pay by themselves.
  • Thereafter, you must get in touch with your educational institute’s money related guide office to acknowledge, accept, and know the budgetary guide and understudy credits.
  • Please note that you must acknowledge all the free guides first prior to taking federal advances. Moreover, you might not need a significant majority of the promoted credits. You can take help from your educational institute regarding turning down a creditor demanding a lower initial amount.
  • The schools that you have mentioned on your FAFSA will take into account your data from the FAFSA form and ascertain the measure of government awards, work-study, and advances for which you might meet all the criteria.
  • Next, the universities acknowledged by you will dispatch a budgetary guide grant letter to you. This letter details the money related guide you are eligible to receive. This includes government understudy credits, concedes, and work-think about.
  • Please note that the evaluation of federal help you get from each school can waver.

Various Forms of Federal Student Loans

Three types of Federal Student Loans exist. Please investigate each one of them before pursuing any one of the same.

  • Direct Subsidized Loans

These loans are for understudies with displayed money related requirement, as decided by the government. There are no intrigue charges while an undergraduate is in school at any rate half-time, amid delay, or amid the period normally a half year after your graduate or leave the educational institution.

  • Direct Unsubsidized Loans

These type of federal student loans do not base themselves on any kind of money related requirement. Your school will determine the sum you can get. The decision of the school relies on the expense of participation and other budgetary guides, which you receive. In the case of direct unsubsidized loans, intrigue is chargeable amid all periods and the same promotes in spite of you being in school, amid elegance, as well as postponement periods. This builds up the principal sum that you owe to the government.

  • Direct PLUS Loans

These are the same as Direct Unsubsidized Loans with the difference being that Direct PLUS Loans are the unsubsidized government advances for the guardians of the understudies.

Learn How to Repay your Federal Student Loan

There are three basic repayment plans as discussed below:

How to Repay your Federal Student Loan
Eligibility for Traditional Repayment Plans
Standard Repayment Plan

Standard plans last up to 10 years or if you have applied for a Loan Consolidation, then the standard plans might last up to 30 years. These plans boast a fixed monthly payment amount based on the total loan taken. Please note that over time you will pay less interest in the standard repayment plans as compared to other repayment plans.

Graduated Repayment Plan

Graduated payments are lower at first and after a certain period, generally after every two years, the number of monthly payment increases. It carries the same repayment term as the standard repayment plans.

Extended Repayment Plan

Under extended repayment plans, you can enjoy the provision of up to 25 years to repay your loans. These plans are available to borrowers with more than $30,000 in Direct Loan balances or $30,000 in FFELP Loan Balances.

What are Income-Driven Repayment (IDR) Plans?

You can also apply for an Income-Driven Repayment Plan to manage your federal student loan payments. You can learn more about IDR and the eligibility conditions on the FSA Website. Under the Income-Driven Repayment Plans, you can reduce your monthly payment to as low as $0. Please note that annual renewal is required for the IDR Plans. Under the annual-renewal, you recertify your plan by providing income certificate and the family size certificate as well. Please note that if you happen to skip the deadline for the annual renewal, unpaid accrued interest adds to the unpaid Principal Amount.

Income-Driven Repayment (IDR) Plans federal student loans
Income-Driven Repayment (IDR) Plans federal student loans

Can you opt for Federal Student Loans Consolidation?

If you happen to pay multiple federal student loans, you can opt for Federal Student Loan Consolidation to reduce your monthly burden.

  • By availing a Direct Consolidation Loan, you cut down your installments to one basic installment each month. Moreover, your reimbursement period can extend up to 30 years if you happen to opt for Direct Consolidation of multiple federal student loans.
  • You can apply online for the Loan Consolidation program at gov. Otherwise, you can also download the application from the website and prepare to send the same via courier.
  • Please note that you cannot combine private understudy advances with the Federal Student Loans consolidation program.

Payment Postponement/Forgiveness Criteria for Federal Student Loans

Payment Postponement


Deferment is a period when you postpone making payments on your loan. For subsidized Federal loans, there are no accumulated interest charges. However, you do have to pay accrued interest on unsubsidized loans. You can opt for deferment under the following circumstances:

  • Education

You are eligible for a deferment if you study in an eligible school for at least half time or in a graduate fellowship program.

  • Military Service and Post Active Duty

If you are on active military service during a war, emergency, or a military operation, you can apply for deferment.

  • Economic Troubles

If you are facing a temporary bad phase in your financial condition or serving in the Peace Corps, you are eligible for a deferment up to 3 years.

  • Unemployment

If you are unemployed, or working less than 30 hours in a week, and seeking full-time employment, you are eligible for a deferment up to 3 years.

  • Rehabilitation Training Program

If you are enrolled in an approved rehabilitation program for the disabled, you might be eligible for deferment as well.


Under forbearance, you can avail temporary suspension or reduction in your monthly loan installments for a fixed period. Following are the types of forbearance.

  • General Forbearance

If you are facing temporary financial troubles due to change in employment, sudden medical expenses, or other situations, you can apply for general forbearance.

  • Mandatory Forbearance

You are eligible for mandatory forbearance if you are in medical or dental internship/residency, on National Guard active duty, or performing any other service that makes your eligible for forbearance under the Department of Defense Student Loan Repayment Program.

  • Student Loan Debt Burden Forbearance

This should be your last resort. Make sure you check for deferment or Income-Driven Repayment Plans first before coming to Student Loan Debt Burden Forbearance.

Payment Forgiveness

  • Teacher Loan Forgiveness

If you happen to be a teacher for five complete and consecutive years in a low-income elementary school, low-income secondary school, or an educational service agency you are eligible for Teacher Loan Forgiveness up to $5,000. You can also obtain Teacher Loan Forgiveness up to $17,500 if you meet the requirements of being a highly qualified teacher.

  • Public Service Loan Forgiveness

If you happen to be a government employee or working in a not-for-profit organization, the Public Service Loan Forgiveness can forgive the remaining balance of your Direct Loans after you have made 120 (10 years) qualifying monthly payments under an eligible repayment plan while working full-time.

  • Total and Permanent Disability (TPD) Discharge

Under the TPD Discharge, you will no longer require repaying your loans. Please provide the required information to the U.S Department of Education in order to avail a TPD Discharge.

  • Discharge Due to Death

In the event of the death of the borrower or the student, by providing documentation of death, discharge can be obtained from a federal student loan,

Final Words: Navient Federal Student Loans

This was everything regarding Navient Federal Student Loans. In case you still have any queries or questions to ask, please drop us, a note in the comments section provided below.

Student Loans – How to Apply Student Loans & Criteria Guide (Navient Students)

In simple words, a student loan is a type of loan taken by students to pursue advanced or higher education. When pursuing higher studies, a lot of many expenses come into consideration like tuition fees, cost of books, necessary supplies, and everyday costs. A student loan credit is an advance given with the sole intention of taking care of these expenses while the child concentrates on his/her studies.

A student loan, also known as education loan, differs in various aspects from other types of loans. The major difference is that the loan charges and rate of interest might be significantly lower. Also, the payback period for a student loan starts after the loan taker completes his/her educational degree. Altogether, different nations have different rules associated with student loans. In this post, we are going to share with you certain information and tips which you must consider while opting for a student loan.

What are the Various Types of Student Loans?

In the United States of America, there exist two broad classifications for student loans:

Government Student Loans

As clear from the name, student loans provided by the state itself come into the category of government student loans. They have favorable conditions and rates.

Private Student Loans

As clear from the name, private agencies provide private student loans. They are, usually, not better than the government student loans; however, the promotion for private student loans is quite vigorous.

Must Read:

Navient Login & Register & Login Students Loans Account (Guide).

What is the ideal time to apply for Student Loan?

In the United States of America, the application process for student loans begins no later than the October month of each year. Since the procedure is quite tedious and a lot many formalities require completion, it is ideal to begin ahead of schedule in order to avoid the crowd later.

From October, students largely begin to analyze the various creditors that are ready to provide student loans to them.  Students tend to acquire indissolubility letters from these creditors which act as ‘evidence of assets’ to the colleges they wish to apply for higher studies. A student must take care of following parameters into consideration when finalizing a particular creditor.

  • Loan Fee
  • Components covered
  • Handling Fee
  • Salary Charge Exclusions
  • Advance preparation time
  • Prepayment terms

What is the eligibility criterion for Student Loans?

For Government Student Loans (Federal Student Loans)

In order to completely know the basic eligibility criteria for Federal Student Aid (FAFSA) please refer the official link from here.

For Private Student Loans

Though different private creditors have different conditions, the following conditions are essentially the same:

  • The borrower must be dependable or should have a valid and financially sound co-signer.
  • The basic age of a borrower depends upon various factors and is different in different states. The period of greater part is 21 in Indiana, Mississippi, and New York, 19 in Alabama and Nebraska, and 18 in most different states.
  • The borrower and co-signer must fulfill the citizenship conditions.
  • The borrower need not record FAFSA when opting for private student loans.

What conditions a co-signer must meet?

A parent or a family companion is free to undersign the credit application with the student. A co-signer must meet the following conditions:

  • Have a good salary.
  • Must have a decent credit report.
  • Must not have any kind of previous defaults on student loans.
  • Must be a US Native above 18 years of age.

Adding a co-signer even if you don’t need one is beneficial as your loan fee might considerably decrease by adding a co-signer.

Major categories of student loan

Following are the most widely recognized categories of student loan:

Perkins Loan

This must be a student’s first decision. They have low loan fee, charges, and favorable conditions. However, a student must apply for the same well in advance as they are in limited supply.

Stafford Loans

They give more cash than Perkins loan; however, they might have more stringent conditions as compared to Perkins. Stafford Loans also cover more components than Perkins Loan.

PLUS Loans

These are like standard loans. They need a credit survey and a borrower has to undergo all the processes which a typical loan disbursal process has. Also, advances for students go to their guardians. Therefore, think hard before opting for PLUS loans.

Consolidation Loans

If a borrower has two or more student loans, he/she can combine all of them into a single consolidated loan with an individual set of terms and conditions paying only a single advance. However, different creditors, especially in the case of government and private, have different conditions; therefore, a borrower must make sure that he/she researches well before blending different student loans.

How to Apply Student Loans and Criteria Guide

So, that is it! Now you know the basics of student loans. Make sure you research well before opting for a particular student loan. Have your documents prepared beforehand and make sure that your co-signer is ready to undersign the application with you in case you are opting for a co-signer.  Make sure that co-signer has his/her documents ready. It is wise to calculate the costs that will incur to you in the future beforehand before finalizing a particular creditor. In short, please do the necessary homework before going ahead with a student loan. If you have more queries in your mind, please write to us via the comments section provided below.