Claim your free student loan consultation today!
Claim your free student loan consultation today!
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.
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?
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.
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: http://www.ftc.gov/os/2001/06/esign7.htm
Download the intake form to fill out and email it back to us at Support@CorneliusFinancialSolutions.com
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 www.studentloans.gov 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.
Student loan Resolution
No. Your federal student loans are consolidated by the Department of Education.
No. Your payment goes directly to the Department of Education (they are the ones guaranteeing your loan consolidation) or your new assigned servicer.
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.
Very likely, although we cannot guarantee the exact amount you’ll pay, we have calculators that will provide an estimate.
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.
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.
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.
The entire process might span from 30 days to 90 days, contingent upon your circumstances and the specific services required.
RIGHT NOW. Request your free consultation to get started!!