Student Loan Repayment Planning
With the increasing cost of secondary education, many students find themselves with massive amounts of debt after departing school. Federal borrowers are afforded several different repayment options, but the programs are complex and confusing.
Three Oaks Capital helps new professionals manage their medical school, law school, graduate, and undergraduate debt by offering customized student loan repayment plans. Our repayment plans offer guidance from a professional and a customized strategy that minimizes the cost of your debt. This is accomplished by utilizing the various options you may have available to you:
Income based repayment options: IBR, ICR, PAYE, REPAYE
Public Service Loan Forgiveness (PSLF)
Student loan repayment plans are developed and presented over a series of three 60 minute meetings. Prior to the initial loan review meeting, clients are asked to:
2) Retrieve a current copy of their credit report
3) Retrieve the current status of their federal loans from NSLDS, if applicable
We meet to review your personal information, the current status of your loans, and assess your long term financial objectives. Together we review all your loans in detail, and discuss any concerns you may have.
We present you with our findings. This includes our recommendations and several repayment options for you to choose from that fit your personal financial picture. Together, we identify the options you prefer and omit those you don't.
Using the information from the previous meeting, we build a master loan repayment plan. The plan includes step by step instructions for implementation and other suggestions meant to help expedite repayment and minimize costs.
What You Get
An organized, prioritized roster of your student loan obligations
A customized repayment plan that considers your current financial situation and long term financial objectives
Recommendations for minimizing the cost of your debt
A step by step implementation guide
One on one counseling from a CFP® professional
How Much It Costs
Two Borrowers: $800
Additional Borrowers: $250 each
Minimum Asset Levels
There are no minimum asset requirements for student loan repayment plans.
If you'd like to learn more, click the link below to reserve some time to chat. This free, no-obligation, 20 minute conversation will allow us to answer your questions and determine whether a student loan repayment plan is a good fit for your needs.