We know how expensive higher education can be. MASA has partnered with GotZoom to help members districts reduce the cost of their student loans.
GotZoom, an employee benefit service provider, focuses on matching federal student loan holders with state repayment and loan forgiveness programs nationally to maximize loan cost reduction. Since 2012, GotZoom has reduced principle balance and payment amounts for tens of thousands of clients by an average of 65 percent.
GotZoom has a 4-step program:
- Identify: Watch a three-minute video to determine if GotZoom services are right for you. If so, request a free personalized loan cost reduction analysis.
- Maximize: Your assigned GotZoom advisor will help you understand the results of your reduction analysis, explore your options an answer questions.
- Enroll: With permission, GotZoom can initiate and manage the transition of your federal student loan to a DOE repayment program configured properly to achieve your loan debt reduction.
- Recertify: As mandated, GotZoom will continually work with you every year until your loan is paid off to recertify your student loan with the DOE to maintain federal compliance.
This service is available for all MASA member districts and their employees.