Contact these borrowers more frequently. Does Your School Use a Third-Party Service Provider? Our Public Service Loan Forgiveness Toolkit is full of communication pieces that can be used to inform your students and alumni about this program. NOTE: If you are at work, your employer's firewalls, privacy software, and other heightened layers of security may hinder our website's functionality. Direct Debit is the most convenient way to make your student loan payments—on time, every month. Be aware of the warning signs that a company may not have your best interest in mind. Public Service Loan Forgiveness Fact Sheet for Financial Aid Professionals. Set up your due date for a day when you know you'll have money in your bank account. Request a postponement of payments if you're a borrower attending school at least half time or more. Distribute this handout across campus at regular intervals. The mailing addresses of these student borrowers will change often. This PDF is fillable. View your bills and letters anytime with the new Inbox! Additionally, we have provided you tips on how and when to distribute the communication pieces so you can easily implement these documents at your school. Page 2 of 2 DESIGNATED REPRESENTATIVE ACKNOWLEDGMENT Each undersigned Designated Representative represents and agrees that, he/she (i) is a licensed real estate agent, real estate broker or attorney … Accessibility: Federal Student Aid is committed to providing electronic and information technologies that are accessible to individuals with disabilities by meeting or exceeding the requirements of Section 508 of the Rehabilitation Act (29 U.S.C 794d). Submit Your First PSLF Form. You no longer want to receive the FedLoan Servicing Bulletin. Give student borrowers a quick guide to successful repayment tips and other valuable borrower resources from FedLoan Servicing. You have not received your school's FedLoan Servicing Bulletin. Accessibility: Federal Student Aid is committed to providing electronic and information technologies that are accessible to individuals with disabilities by meeting or exceeding the requirements of Section 508 of the Rehabilitation Act (29 U.S.C 794d). You can fill it out on your device, or print it and complete it by hand. Encouraging your borrowers at exit counseling to stay in touch with their servicer and keep their contact information up-to-date is crucial to successful repayment. There are no fees or penalties for paying your loans off early. Request us to mail or fax your loan information, Provide a disclaimer that they are a "private company not affiliated with the, Claim to be associated with the Department, FedLoan Servicing, or one of the other federal loan servicers, but do not have your loan details readily available in their system, Request a fee before they will assist you with your loans, Use taglines such as "New Laws Discounting Federal Student Loans" and "Obama Student Loan Forgiveness", Ask you to sign over power of attorney or other third-party authorization so they can make changes to your account, Request you do not contact your servicer while they are working on your behalf, Promise to cancel your student loan debt, lower your monthly payment immediately, or provide instant relief from wage garnishment or default, Ask you to send your student loan payments to them instead of your loan servicer. Check out our free publications on how to set up a default prevention plan and more. A medical authorization form serves as the consent form of the parents or the legal guardian of the child so that the health decisions of the child can be in the hands of a responsible adult whom the child is with in varying circumstances like fields trips and the like. Gift Card Third Party Authorization Form – There are service providers and sellers who offer a third party billing option for their customers and clients when purchasing gift cards. The Authoritative Source is responsible for the addition, modification, and deletion of school user access. Includes tips on how and when to distribute the communication pieces so you can easily implement these documents as you see fit. Print this handout on color paper for greater impact. In addition, it provides you with information specifically geared toward your sector's unique needs and challenges. For this, a gift card third party authorization form will have to be completed by the client. Request a postponement of payments if you're a borrower who cannot find full-time work. Use our toolkit to educate your homeless student borrowers so they are prepared for repayment of their student loans. NOTE: To avoid having this valuable communication blocked by your institution's spam filter, please add "email.MyFedLoan.org" to your email server's approved list of senders. Find out how easy it is to manage your account on the go. Share my confidential tax information with the individual(s)/company listed below. Get help if you're having problems signing in to your account. Visit Account Access today to enroll in our Paperless Services. FedLoan Servicing has recognized the need to provide additional support to homeless student borrowers as they enter repayment and we have put together a toolkit to assist you in making sure homeless student borrowers are prepared with the tools they need to be successful in student loan repayment. This resource and contains sample letters to student borrowers, and a guide to telephone outreach, including call scripts. We recommend you submit your first PSLF form after you are … To authenticate, they will need your Social Security number, your date of birth, and your full name. When you applied for your student loans, you provided contact information for references. The person you authorise must be 18 or older. • The . Once you enter the necessary information, we will email you a temporary password. Your password must be 8 to 128 characters and contain at least 3 of the following 4 criteria: Whether you are on the go or at home, we offer many options to help you manage your student loan account with ease. Third Parties: Please obtain a blank Representative's Certification as to the Validity of Information Release Consent form. Under Privacy Settings, select the Add Account Authorizations button. (Whenever there is a third party involved that means the remaining two parties should have to declare its authorization. Start a free trial now to save yourself time and money! Publicize the benefits of Account Access to make sure these borrowers stay in contact with their servicer! You can authorize us to release your loan information to certain individuals. Therefore, to better assist you in educating and informing them on the requirements and where they can locate additional information, we have created a toolkit of resources for your use. Do not sign this form until the form is fully completed. Many borrowers qualify for a $0 monthly payment! General consent to exchange information and authority to act on client’s behalf DH4001 . Check out these smart borrowing tips today. A third party authorization letter is mainly used in business environment, for legal matters, for clearance, and so on. Many students and alumni may not be familiar with the requirements of their TEACH Grant. If you wish to report an issue related to the accessibility of any content on this website or with respect to any documents, forms, statements, or publications, visit Federal Student Aid - Accessibility. All of the material in the toolkit is downloadable for your convenience. Review our default prevention tips for success to see what steps you can take before and during repayment. Download and complete the Representative authority form. You will also not be able to receive the 0.25% interest reduction that you would get if you paid via direct debit. Certify eligible employment for PSLF. Don't forget to check out PSLF training opportunities. Title: SLS-Third-Party-Authorization-Form … These tasks may include: Get an at-a-glance view of your Loan Summary, or view individual loan details for more information about your loans. This authorization does not grant these individuals access to your online account or allow them to request changes to your account on your behalf. • This authorization may be revoked at any time by providing written notice to CSC. No matter where you are, your account is just a finger tap away with our mobile app. @ # $ % ^ & * _ + - = , . To be able to access our online systems, schools must complete and sign our Remote Access, Confidentiality and Indemnification Agreement and Authentication. / \, IRS Form 1098-E, Student Loan Interest Statement, Student Loan Interest Summary Statement (if amount is not reported to IRS), IRS Form 1099-C, Cancellation of Debt, if applicable, Cancellation of Debt Summary Statement (if amount is not reported to IRS), Save your bank account to make payments quickly, Receive information about your account over the phone from our loan counselors, Provide information concerning changes to your address or phone number if they are no longer valid, Request that we send details about your loans to your physical address, fax number, or email address, Make online student loan payments for you, Request changes or adjustments to your loans, Request that we send details about your loans to their physical address, fax number, or email address, Update your address or phone number on your behalf, Request us to mail or fax your loan information to you. Through our comprehensive and secure school portal, you have access to our full suite of school products and services. Fact Sheet for Financial Aid Professionals. Consent for a Third Party to Act on Participant’s Behalf form. FedLoan Servicing School Refund Transmittal Form (XLS), This form is used by schools to return funds to FedLoan Servicing for FFELP Loans, Public Service Loan Forgiveness (PSLF) & Temporary Expanded PSLF (TEPSLF) Certification & Application (PSLF form) (PDF). If you are locked out of your account because you entered an incorrect password: go to Account Access, enter your username, and click "Sign In" to start the process to unlock it. One of the best ways to manage how much college will cost is to be prepared and avoid over borrowing. Requirements for a Valid Power of Attorney Great Lakes requires a valid power of attorney if you wish to authorize a third party to manage your account, including receiving information regarding your student loans. 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