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WSAC Loan Education Center

Helping students understand the structure of their loans, their loan repayment responsibilities and options available to them

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Applying for Financial Aid

FAFSA
WASFA
FAFSA criteria for being classified as independent

College Savings Plans

Guaranteed Education Tuition (GET)
DreamAhead
State Treasurer’s Office
Activity guide developed by WSAC and Consumer Education and Training Services (CENTS)

Understanding College Costs

Learn more about earning college credits in high school
Make a budget
Your Financial Path To Graduation Tool

Understanding Aid Options and Comparing Award Letters

CFPB Award Letter Comparison Tool
FinAid Award Letter Comparison Tool
Sample Award Letter
WashBoard Scholarships
College Bound Scholarship Program

How Much Should I Borrow?

Department of Education’s College Scorecard
WashBoard
Washington Career Bridge

Options and Benefits for Service Members and Veterans

VA GI Bill® School Comparison Tool
Federal Student Aid (to learn more about your loans)
Check your eligibility for GI Bill® benefits
Apply for GI Bill® benefits online
For Servicemembers: Tackling Student Loan Debt

Finding Loan Information

FAFSA
WASFA
Loan Simulator
Learn more about your loans (studentaid.gov)
Check your credit report

How Does Student Debt Affect Other Financial Decisions?

FinAid.org Loan Calculator
Repaying Student Loans (WSAC)

Scams and Deceptive Practices

10 Tips for Avoiding Scams
Sign up for scam alerts
Federal Trade Commission (FTC)
Consumer Financial Protection Bureau (CFPB)
WA State’s Attorney General’s Office

Options and Benefits for Service Members and Veterans

VA GI Bill® School Comparison Tool
Federal Student Aid (to learn more about your loans)
Check your eligibility for GI Bill® benefits
Apply for GI Bill® benefits online
For Servicemembers: Tackling Student Loan Debt

Finding Loan Information

FAFSA
WASFA
Loan Simulator
Learn more about your loans (studentaid.gov)
Check your credit report

Repayment Plans

Department of Education (ED)
ED Loan Simulator
Federal Poverty Guidelines
Check your credit report
Standard Repayment Plan
Graduated Repayment Plan
Extended Repayment Plan
Income-Driven Repayment Plans
Income Sensitive Repayment Plan

Scams and Deceptive Practices

10 Tips for Avoiding Scams
Sign up for scam alerts
Federal Trade Commission (FTC)
Consumer Financial Protection Bureau (CFPB)
WA State’s Attorney General’s Office

How to Make a Complaint About Your Student Loans

Federal Student Aid Ombudsman Information Checklist
WA Complaint Form
ED Complaint Form
CFPB Complaint Form
Requirements for student loan servicers – RCW 31.04.405
Requirements for student loan modification servicers -  RCW 31.04.415
Requirements for student loan servicers –  WAC 208-620-950
Requirements related to responding to requests for information – WAC 208-620-960

State-Based Tuition Recovery

WA Student Complaint Portal
WAC 250-61-190  (Complaints against schools authorized by WSAC)
WAC 250-61-145  (WSAC Tuition Recovery Trust Fund)
WAC 490-105-180  (Complaints against schools licensed by WTECB)
WAC 490-105-080  (WTECB Tuition Recovery Trust Fund)
WAC 308-20-573  (Refunds to students enrolled at cosmetology schools licensed by the Department of Licensing)
WAC 308-20-580  (Department of Licensing Tuition Recovery Trust Fund)

Federal Consumer Info and Warnings

Fair Debt Collection Practices Act
Debt Collection (CFPB)
Washington Law Help
Federal Student Loan Rights and Responsibilities (NSLP)

Finding Loan Information

FAFSA
WASFA
Loan Simulator
Learn more about your loans (studentaid.gov)
Check your credit report

Repayment Plans

Department of Education (ED)
ED Loan Simulator
Federal Poverty Guidelines
Check your credit report
Standard Repayment Plan
Graduated Repayment Plan
Extended Repayment Plan
Income-Driven Repayment Plans
Income Sensitive Repayment Plan

Loan Forgiveness, Cancellation, and Discharge

ED’s PSLF Help Tool
ED – Forgiveness, Cancellation, Discharge
PSLF Employment Certification Form
Application: False Certification (Disqualifying Status) Discharge
Application: False Certification (Unauthorized Signature/Payment) Discharge
Application: Unpaid Refund Discharge
Washington LawHelp
Application: Total Permanent Disability Discharge
Application: Borrower Defense to Loan Repayment
Application: False Certification (Ability to Benefit) Discharge
Public Service Loan Forgiveness Checklist

Trouble Making Payments: Consolidation, Default, & Rehabilitation

FinAid Loan Consolidation Calculator
Student Loan Borrowers Assistance
Debt Collection Information (CFPB)
Default Process

How Does Student Debt Affect Other Financial Decisions?

FinAid.org Loan Calculator
Repaying Student Loans (WSAC)

Scams and Deceptive Practices

10 Tips for Avoiding Scams
Sign up for scam alerts
Federal Trade Commission (FTC)
Consumer Financial Protection Bureau (CFPB)
WA State’s Attorney General’s Office

How to Make a Complaint About Your Student Loans

Federal Student Aid Ombudsman Information Checklist
WA Complaint Form
ED Complaint Form
CFPB Complaint Form
Requirements for student loan servicers – RCW 31.04.405
Requirements for student loan modification servicers -  RCW 31.04.415
Requirements for student loan servicers –  WAC 208-620-950
Requirements related to responding to requests for information – WAC 208-620-960

State-Based Tuition Recovery

WA Student Complaint Portal
WAC 250-61-190  (Complaints against schools authorized by WSAC)
WAC 250-61-145  (WSAC Tuition Recovery Trust Fund)
WAC 490-105-180  (Complaints against schools licensed by WTECB)
WAC 490-105-080  (WTECB Tuition Recovery Trust Fund)
WAC 308-20-573  (Refunds to students enrolled at cosmetology schools licensed by the Department of Licensing)
WAC 308-20-580  (Department of Licensing Tuition Recovery Trust Fund)

Federal Consumer Info and Warnings

Fair Debt Collection Practices Act
Debt Collection (CFPB)
Washington Law Help
Federal Student Loan Rights and Responsibilities (NSLP)

Applying for Financial Aid

FAFSA
WASFA
FAFSA criteria for being classified as independent

College Savings Plans

Guaranteed Education Tuition (GET)
DreamAhead
State Treasurer’s Office
Activity guide developed by WSAC and Consumer Education and Training Services (CENTS)

Understanding College Costs

Learn more about earning college credits in high school
Make a budget
Your Financial Path To Graduation Tool

Understanding Aid Options and Comparing Award Letters

CFPB Award Letter Comparison Tool
FinAid Award Letter Comparison Tool
Sample Award Letter
WashBoard Scholarships
College Bound Scholarship Program

How Much Should I Borrow?

Department of Education’s College Scorecard
WashBoard
Washington Career Bridge

Finding Loan Information

FAFSA
WASFA
Loan Simulator
Learn more about your loans (studentaid.gov)
Check your credit report

Repayment Plans

Department of Education (ED)
ED Loan Simulator
Federal Poverty Guidelines
Check your credit report
Standard Repayment Plan
Graduated Repayment Plan
Extended Repayment Plan
Income-Driven Repayment Plans
Income Sensitive Repayment Plan

Scams and Deceptive Practices

10 Tips for Avoiding Scams
Sign up for scam alerts
Federal Trade Commission (FTC)
Consumer Financial Protection Bureau (CFPB)
WA State’s Attorney General’s Office

Applying for Financial Aid

FAFSA
WASFA
FAFSA criteria for being classified as independent

College Savings Plans

Guaranteed Education Tuition (GET)
DreamAhead
State Treasurer’s Office
Activity guide developed by WSAC and Consumer Education and Training Services (CENTS)

Understanding College Costs

Learn more about earning college credits in high school
Make a budget
Your Financial Path To Graduation Tool

Understanding Aid Options and Comparing Award Letters

CFPB Award Letter Comparison Tool
FinAid Award Letter Comparison Tool
Sample Award Letter
WashBoard Scholarships
College Bound Scholarship Program

How Much Should I Borrow?

Department of Education’s College Scorecard
WashBoard
Washington Career Bridge

Options and Benefits for Service Members and Veterans

VA GI Bill® School Comparison Tool
Federal Student Aid (to learn more about your loans)
Check your eligibility for GI Bill® benefits
Apply for GI Bill® benefits online
For Servicemembers: Tackling Student Loan Debt

Finding Loan Information

FAFSA
WASFA
Loan Simulator
Learn more about your loans (studentaid.gov)
Check your credit report

Repayment Plans

Department of Education (ED)
ED Loan Simulator
Federal Poverty Guidelines
Check your credit report
Standard Repayment Plan
Graduated Repayment Plan
Extended Repayment Plan
Income-Driven Repayment Plans
Income Sensitive Repayment Plan

Loan Forgiveness, Cancellation, and Discharge

ED’s PSLF Help Tool
ED – Forgiveness, Cancellation, Discharge
PSLF Employment Certification Form
Application: False Certification (Disqualifying Status) Discharge
Application: False Certification (Unauthorized Signature/Payment) Discharge
Application: Unpaid Refund Discharge
Washington LawHelp
Application: Total Permanent Disability Discharge
Application: Borrower Defense to Loan Repayment
Application: False Certification (Ability to Benefit) Discharge
Public Service Loan Forgiveness Checklist

Trouble Making Payments: Consolidation, Default, & Rehabilitation

FinAid Loan Consolidation Calculator
Student Loan Borrowers Assistance
Debt Collection Information (CFPB)
Default Process

How Does Student Debt Affect Other Financial Decisions?

FinAid.org Loan Calculator
Repaying Student Loans (WSAC)

Scams and Deceptive Practices

10 Tips for Avoiding Scams
Sign up for scam alerts
Federal Trade Commission (FTC)
Consumer Financial Protection Bureau (CFPB)
WA State’s Attorney General’s Office

How to Make a Complaint About Your Student Loans

Federal Student Aid Ombudsman Information Checklist
WA Complaint Form
ED Complaint Form
CFPB Complaint Form
Requirements for student loan servicers – RCW 31.04.405
Requirements for student loan modification servicers -  RCW 31.04.415
Requirements for student loan servicers –  WAC 208-620-950
Requirements related to responding to requests for information – WAC 208-620-960

State-Based Tuition Recovery

WA Student Complaint Portal
WAC 250-61-190  (Complaints against schools authorized by WSAC)
WAC 250-61-145  (WSAC Tuition Recovery Trust Fund)
WAC 490-105-180  (Complaints against schools licensed by WTECB)
WAC 490-105-080  (WTECB Tuition Recovery Trust Fund)
WAC 308-20-573  (Refunds to students enrolled at cosmetology schools licensed by the Department of Licensing)
WAC 308-20-580  (Department of Licensing Tuition Recovery Trust Fund)

Federal Consumer Info and Warnings

Fair Debt Collection Practices Act
Debt Collection (CFPB)
Washington Law Help
Federal Student Loan Rights and Responsibilities (NSLP)

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