Student Loan Resolution

Claim your free student loan consultation today!

Claim your free student loan consultation today!

Are Your Student Loan Payments...

Too Much Money?

Are your student loan payments creating financial strain? The expenses tied to repaying student loans can often become daunting. Juggling these costs alongside other financial responsibilities poses a challenge for numerous individuals. If you’re grappling with the challenge of managing the substantial expenses linked to your student loan payments, rest assured, you’re among many facing similar struggles.

Behind Or In Default?

Have your student loans entered default status? Defaulting on student loans is a demanding and stressful circumstance. It happens when payments are consistently overlooked or not made for an extended period, resulting in severe repercussions such as harmed credit scores and potential legal actions, including income tax withholdings and wage garnishments.

We Are Here To Help

Did You Know...

  • If you have several student loans with variable rates, you have the opportunity to consolidate them into a singular loan with a fixed interest rate?
  • Many individuals are eligible for reduced monthly payments, potentially even qualifying for a $0.00 monthly payment?
  • Consolidation can help restore defaulted loans to good standing?
  • If your wages are currently being garnished, we can help enroll you in a rehabilitation program that will stop the garnishment?
  • Based on your situation, the remaining balance of your student debt might qualify for cancellation, often referred to as forgiveness?

Here's How We Will Help


At Cornelius Financial Solutions, we’re here to assist you with federal student aid forgiveness. We carefully review all your loans from your current servicers to find ways to ease your student loan burden. We have experience with various types of federal student loans—like direct subsidized, direct unsubsidized, direct PLUS, and direct consolidation loans—and we’ll pinpoint the most suitable options for your next steps.


After understanding your situation, we provide recommendations that benefit you and your family, aiming to lower your payments by enrolling you in a fitting federal program. We’ll walk you through the student loan repayment calculator, showing you how to get the most out of potential loan forgiveness while choosing a repayment plan that fits your budget.


After the consultation and we’ve agreed on the plan, we’ll take charge of all the paperwork and submit the applications for you. Our team will work with the people who manage your student loans and debt to get your loans back on track if necessary and make sure the plan we discussed is put into action. You can count on us to smoothly handle the whole process.

Let Us Resolve Your Student Loan Worries

Sign Up Today!

Student Loan Resolution Intake Form

We understand the details we ask for can be highly personal, we recognize their necessity in completing the entire student loan resolution process. Your privacy and security are of utmost importance to us, and we handle your information with the highest care and confidentiality throughout the process.

Please complete each of the fields, all information is required apart from ‘FSA Username’ and ‘FSA Password’. If you do not have these credentials, we will either recover or reset this information with the Department of Education.

The personal references cannot live with the borrower or live with each other.

*Digital Signatures: In 2000, the U.S. Electronic Signatures in Global and National Commerce (ESIGN) Act established electronic records and signatures as legally binding, having the same legal effects as traditional paper documents and handwritten signatures. Read more at the FTC web site:

Downloadable Form

Download the intake form to fill out and email it back to us at

Disclosure and Disclaimer

Cornelius Financial Solutions operates independently and isn’t associated with local, state, or federal government agencies, the Department of Education, student loan servicers, lenders, or providers. We’re not a lending institution or a legal advisory service. Our expertise lies in creating and managing documents to aid individuals with the essential paperwork required for federal student loan consolidation and/or forgiveness. For legal or financial advice, it’s advisable to consult with an attorney or a financial professional.

Ability to Apply for Relief

You have the option to pursue loan consolidation or different repayment plans independently, without paying for assistance, by visiting through the Department of Education (DOE). The DOE’s various student loan forgiveness programs have distinct conditions and requirements that need to be met, and it’s possible that borrowers might not meet the criteria for any of these programs.

Request a Consultation Today!

We handle your information with the highest level of care and respect, just as we would with our own. Safeguarding your data is a top priority for us, ensuring that it remains secure and protected throughout our interactions.


Student loan Resolution

Will you be consolidating my student loans?

No. Your federal student loans are consolidated by the Department of Education.

Will I be making my student loan payments to you?

No. Your payment goes directly to the Department of Education (they are the ones guaranteeing your loan consolidation) or your new assigned servicer.

What if I have not been paying on my loans?

That’s okay!  There are plans that we can work with that allow  borrowers who’ve fallen behind on payments to mend their financial standing. It’s a chance to hit the reset button on defaulted loans.

Is there a possibility of lowering my monthly payments?

Very likely, although we cannot guarantee the exact amount you’ll pay, we have calculators that will provide an estimate.

Can I do all of this on my own?

Absolutely! You can try doing it by yourself, but it can get tricky. Lots of folks who start alone end up reaching out to us for help in the end. Also, each lender has their own rules for filing again, and you have to keep track of it. If you miss it, they might not let you stay in their program. Our software makes sure everything’s current and tells us when it’s time for the next filing.

Do you have a guarantee?

Absolutely. If we can’t help you with preparing your documents, you’ll get your money back—no questions asked. But there are a few things we can’t promise. We can’t ensure that you’ll make your monthly payments on time, and we can’t guarantee the exact amount you’ll pay back. That’s decided by the banks and the Department of Education. However, we do have a tool for federal loans that gives us a pretty good idea of your estimated payment and whether you qualify. If we can’t assist you at all, there won’t be any charges. And if you were charged and we couldn’t help, you’ll get a full refund.

Is it true that my loan can be forgiven?

Sure thing! All federal student loans have a chance to be forgiven, but there are rules for that. You’ve got to file every year on schedule and make every payment without missing one. If, after 25 years, your federal student loans aren’t fully paid off, the remaining amount might be forgiven. If you work in certain service jobs—like non-profit, military, or government—you might get forgiveness in just 10 years.

How long will this take?

The entire process might span from 30 days to 90 days, contingent upon your circumstances and the specific services required.

When can I start?

RIGHT NOW. Request your free consultation to get started!!

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January 12, 2024

The Biden-Harris Administration announced Friday a new student loan forgiveness plan that was previously scheduled for July that could erase the debt of some borrowers enrolled in the Saving on a Valuable Education (SAVE) plan.

The initiative, which is set to launch in February, will provide debt relief for borrowers who have made 10 years of monthly payments and have an original principal balance of $12,000 or less in loans.

Solcyre Burga
January 12, 2024, 11:16am EST

December 19, 2023

Many borrowers who have government-held student loans, including Direct loans and a subset of Education Department-owned FFEL loans, will receive the IDR student loan forgiveness credit associated with the account adjustment automatically. “The payment count adjustment is automatic for Direct or federally managed FFEL loans—no application required,” reiterated the department in the new guidance.

But other borrowers may need to consolidate their loans via the federal Direct loan program to qualify or maximize the benefits. This includes those who have commercial FFEL loans and other non-Direct federal student loans, as well as borrowers who have multiple federal loans with different repayment histories; under the adjustment, borrowers who consolidate loans with different IDR and PSLF payment counts will receive the highest amount of loan forgiveness credit on the new Direct consolidation loan based on the underlying loan with the longest history, according to the department.

The deadline to apply for a Direct consolidation loan to benefit from the account adjustment had been December 31. However, the department has now extended the deadline to April 30, 2024, giving borrowers an additional four months.

“Borrowers with commercially managed FFEL or Perkins loans should apply to consolidate as soon as possible—but no later than April 30, 2024—to get the full benefits of the adjustment,” says the department.

Adam S. Minsky
Senior Contributor
December 19, 2023, 09:41am EST

December 18, 2023

Nearly 9 million borrowers missed their first student loan payment after the pandemic-related pause ended this fall, the Department of Education said Friday.

That means roughly 40% of the 22 million borrowers who had bills due in October did not make payments by mid-November.

Bringing so many borrowers back into repayment at the same time was expected to be a challenge. The new data is the first glimpse into how many people may be struggling to afford their student loan bills after the three-plus-year freeze.

For comparison, fewer than 26% of borrowers missed their payment in October 2019, before the pause went into effect, the Department of Education told CNN.

But borrowers who miss payments through September 2024 won’t face significant penalties thanks to an on-ramp period created by the Biden administration. During that period, borrowers won’t be reported as delinquent or in default to the three national credit bureaus. But interest will continue to accrue.

“While most borrowers have already made their first payment, others will need more time. Some are confused or overwhelmed about their options,” Undersecretary of Education James Kvaal wrote in a blog post Friday explaining the new repayment figures.

It may take time for some borrowers to figure out how much they owe each month and how to fit the payment back into their budget after the long pause. Some may want to enroll in a different repayment plan to reflect possible changes to their financial situations.

CNN Politics
Katie Lobosco
December 18, 2023, 3:08 PM EST

December 18, 2023

President Joe Biden’s administration announced an additional $4.8 billion of student loan forgiveness related to fixes made by the U.S. Department of Education to income-driven repayment (IDR) forgiveness and Public Service Loan Forgiveness (PSLF).

That brings the total approved student debt cancelation by the Biden administration to $132 billion for more than 3.6 million Americans, according to the White House. 

“From Day One of my Administration, I vowed to improve the student loan system so that a higher education provides Americans with opportunity and prosperity — not unmanageable burdens of student loan debt,” Biden said in a statement. “I won’t back down from using every tool at our disposal to get student loan borrowers the relief they need to reach their dreams.”

Roughly $2.2 billion in student loans were forgiven for nearly 46,000 borrowers through fixes to IDR that will provide borrowers with an accurate count of progress toward forgiveness and address longstanding concerns about misuse of forbearance. The Biden Administration has now approved almost $44 billion in IDR relief for nearly 901,000 borrowers.

Another $2.6 billion in debt was forgiven for 34,400 borrowers through PSLF. This includes borrowers who have benefited through the limited PSLF waiver and ongoing regulatory improvements to the programs.

Nora Colomer
December 18, 2023, 11:25am EST

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