New Employee Benefit Helps With Student Debt
All-UA
New Employee Benefit Helps With Student Debt
To: All University of Arizona employees
Division of Human Resources
Subject: New Employee Benefit Helps With Student Debt
Date: July 22, 2022
Do you have student debt? A new employee benefit can help you work through federal repayment plans and loan forgiveness programs.
The new benefit, called the Savi student debt solution, is offered by TIAA*, one of the University of Arizona's investment and financial planning providers.
How to use Savi
Visit the TIAA student debt relief website and follow the prompts. You will need:
- Estimated or known monthly payments
- Adjusted Gross Income from most recently filed federal taxes
Once you create your account, you may choose one of Savi's two tiers of service:
- DIY (Free): Quickly see your unique repayment plan options and potential savings upon entering your personal information. Complete, print and send your own paperwork.
- Essential ($60/year): Track payments toward forgiveness and get convenient e-filing, one-on-one assistance, reminders and more.
Mark Your Calendars
Savi will hold two informational webinars in August exclusively for University employees:
- Aug. 23 (11-11:30 a.m. MDT) (Register for Aug. 23)
- Aug. 30 (11-11:30 a.m. MDT) (Register for Aug. 30)
*All employees can use Savi regardless of whether they use TIAA or Fidelity.
