Announcements JELF Student Repayment Letter – 10-5-23

Dear Current JELF Repayer,

We hope this message finds you well. As one of your partners in supporting your educational journey, we wanted to bring an important update to your attention. Federal student loan repayments have just restarted, and it’s crucial that if you are still paying off your federal loans, you have all the information you need to make the right choices for your financial future.

Recently, a student discovered that they had been automatically scheduled for the standard repayment plan. By reviewing their alternatives, the student was able to substantially reduce their monthly payment. To ensure you’re not caught off guard, we strongly recommend that all current JELF repayers take control of their repayment choices.

Why You Should Choose Your Repayment Plan

Your loan servicer may suggest a repayment plan, but it may not always align with your financial situation or goals. Choosing the right plan can make a significant difference in your monthly payments and overall loan experience.

Take Charge of Your Repayment Plan

To help you make an informed decision, we encourage you to go directly to the loan servicer and select the repayment plan that best suits your needs. Don’t rely solely on their default option.

Explore Your Options

The good news is that you have choices, and it’s essential to understand them. We’ve provided a link to the FAFSA site where you can easily access information about your repayment choices. Take your time to explore the options available to you.

JELF’s Commitment to You

At JELF, we believe that providing you with the tools and information to make informed choices is one of the ways we can help you succeed in your higher education journey. Our goal is to ensure you have the resources you need to navigate this process smoothly.We hope this reminder will help you make informed choices about your student loan repayments and continue on the path to a brighter future. Thank you for choosing JELF to be a part of your educational journey.

Sincerely,

Jenna Shulman, Chief Executive Officer
Cathy Miller, Chief Operating Officer
Josh Schaier, Chief Development Officer