Reduce or eliminate
your student loans!

The New York State Public Employees Federation has partnered with Cambridge Credit Counseling to help members learn how to effectively manage their student loans. We can review the differences between the federal loan repayment plans with you, and we’ll help you determine whether the Teacher Loan Forgiveness (TLF) and/or Public Service Loan Forgiveness (PSLF) options are also available to you. Best of all, there is no cost to speak with our counselors. Our counseling sessions are free, always.

If you’d prefer not to speak to a counselor, that’s fine, too. Our Student Loan Solutions Center will also identify your repayment plan options and create a report documenting your situation. We usually charge fifty dollars for portal reports, but PEF members receive a 50% discount, so you'll have access to our portal for just $21.95. And after you receive your report, if you want to review it with one of our counselors, that session is still free.

Learn about:

• Public Service Loan Forgiveness for qualified teachers, government employees, and certain non-profit employees
• Parent PLUS loan forgiveness for parents of college students
• Income-based repayment plans to help borrowers fit their student loan payments into their budget

There are many options available for borrowers, but finding the options that are right for YOU can be difficult and time consuming. Our Student Loan Solutions Center takes the confusion out of the process and provides you with a fully customized report that can help make informed decisions, possibly saving thousands of dollars and years of repayments.

The first step in the process is to visit our Student Loan Solutions Center to learn all of the options available to you, based on your unique situation. Whether you’re interested in forbearance or deferment, loan forgiveness or cancellation, changing repayment plans or consolidating – even if you’ve been through the federal websites and don’t know what you want - our Student Loan Solutions Center will show you every option.

Once you work through this portal, our counselors will discuss these options to help you create a repayment strategy. The advantage you’ll have in talking to a non-profit counselor is that we’re also prepared to look at your entire budget, to see if there are any other options that can help you manage your money better. There’s no reason to let student loan payments overwhelm your budget, especially when there may be options to bring your federal loans under control.