Public Service Loan Forgiveness

Introducing a student loan solution from TIAA

Public Service Loan Forgiveness (PSLF) is a federal program designed to reduce the burden of student loan debt for people who work in public service. The West Virginia Higher Education Policy Commission (WVHEPC) and West Virginia’s public higher education institutions are considered public service employers for the purposes of these programs.

Simply put, PSLF pairs the immediate relief of an income-driven repayment plan (to make your monthly payments affordable) with the longer-term relief of loan forgiveness. You’ve probably heard some negative press about the difficulties borrowers have faced in attempting to realize the benefits from these programs.

TIAA has joined forces with Savi, a social impact technology company, to help West Virginia public higher education employees benefit from forgiveness programs like PSLF. The service helps eligible borrowers to understand their choices, lower their monthly payments, and enroll in a forgiveness program. In fact, Savi users save an average of $1,800 per year through lower monthly payments and an average of $50,000 in student loan forgiveness.1

Learn more at

Watch an informative video about Savi.

1 As of December 31, 2021, based on Savi’s internal measurements, Savi users saw average projected savings of $1,880 per year and an average of $50,000 in student loan forgiveness.

Savi and TIAA are independent entities. A portion of any fee charged by Savi is shared with TIAA to offset marketing costs for the program. In addition, TIAA has a minority ownership interest in Savi. TIAA makes no representations regarding the accuracy or completeness of any information provided by Savi. TIAA does not provide tax or legal advice. Please contact your personal tax or legal adviser.