Keiser University Loan Forgiveness Program – Need to Know

Keiser University Loan Forgiveness Program

Choosing Keiser University as your academic home provides up a world of opportunity for both personal and professional development. But paying for your college education can be a big worry.

Keiser University offers a variety of student loan choices to assist you realize your educational goals because it understands how important it is to support its students.

The university also offers details on the highly sought-after Keiser University Loan Forgiveness Program, which may offer relief from federal student loans, in addition to these loans.

This handbook intends to give you crucial knowledge regarding the loan options offered by Keiser University and the Keiser University Loan Forgiveness Program, enabling you to make educated decisions about your future and plans for financing your education.

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Keiser University Loan Forgiveness Program

The possibility of repaying student loans may cause you anxiety as you advance in your studies at Keiser University and get ready for the next stage of your life.

For those who qualify, the Keiser University Loan Forgiveness Program offers a fantastic chance to get rid of their federal student loans. Whatever you need to know is as follows:

What is the Keiser University Loan Forgiveness Program?

After you have made 120 qualifying payments, the Keiser University Loan Forgiveness Program will forgive a portion of your federal student loan total.

The program encourages your dedication to working in public service, offering it an excellent chance to lower your student loan debt.

Eligibility Requirements:

You must fulfill the requirements listed below in order to be qualified for the Keiser University Loan Forgiveness Program:

1. Have borrowed federal loans to pay for your Keiser University education.
2. Have repaid your federal debts in full after 120 eligible payments.
3. Have a full-time position in the public sector.

Types of Federal Loans Eligible for Forgiveness:

The following federal loan programs are covered by the Keiser University Loan Forgiveness Program:

  1. Direct Subsidized Loans
  2. Direct Unsubsidized Loans
  3. Federal Perkins Loans

Qualifying Payments and Employment Criteria:

The amount of your loan balance forgiveness under the Keiser University Loan Forgiveness Program depends on the kind of federal debt you have:

  • For each year that qualifying payments are made on Direct Subsidized Loans and Direct Unsubsidized Loans, 10% of the loan debt is forgiven.
  • After 5 years of required payments on Federal Perkins Loans, 50% of the loan debt is forgiven.

How to Apply for the Keiser University Loan Forgiveness Program?

If you are eligible for the Loan Forgiveness Program and want to participate, perform the following actions:

  1. Send a filled-out application to the financial aid office at Keiser University.
  2. Give evidence of your employment in a public sector position.

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Keiser University Loans

Knowing your alternatives for financing your education at Keiser University can be very helpful as you aim for a brighter future. The institution offers a range of federal student loans designed to meet diverse financial needs, including:

1- Federal Direct Subsidized Loans

If you have demonstrated financial need, Keiser University offers Federal Direct Subsidized Loans, a type of loan with the following benefits:

a. Eligibility Criteria:

In order to qualify, you must demonstrate your financial need as stated in your Free Application for Federal Student Aid (FAFSA).

b. Interest Rates & Maximum Amounts:

Undergraduate students currently have access to a fixed interest rate of 4.99%. For first-year students, the maximum loan amount is $3,500, and for third- and fourth-year students, it is $5,500. It is determined by academic standing.

c. Benefits and Considerations:

The fact that interest is not accrued throughout the in-school, deferment, and grace periods is one of the main advantages. This function lessens your overall debt load, letting you concentrate on your study without worrying about money right now.

2- Federal Direct Unsubsidized Loans

Keiser University offers Federal Direct Unsubsidized Loans for students who might not be eligible for subsidized loans or who need more money than subsidized loans can provide:

a. Eligibility Criteria:

These loans, which are not need-based like subsidized loans, are accessible to both undergraduate and graduate students.

b. Interest Rates & Maximum Amounts:

Undergraduate students currently pay an interest rate of 4.99%, while graduate and professional students pay a rate of 6.54%. Your cost of attendance, less any additional financial aid you have received, will be used to calculate the maximum loan amount.

c. Benefits and Considerations:

These loans include flexible payback terms and competitive interest rates even if they are not based on necessity. It’s important to keep in mind that interest starts to accumulate as soon as the loan is disbursed, giving you the choice of paying it while you’re in school or letting it accrue and be added to the main balance.

3- Federal PLUS Loans

Keiser University provides Federal PLUS Loans because it understands that graduate or professional students and parents of dependent students may require additional financial assistance.

a. Eligibility Criteria:

You must be a graduate or professional student or the parent of an undergraduate dependent student to be eligible.

b. Interest Rates & Maximum Amounts:

The interest rate for Federal PLUS Loans is 6.28% as of [current year]. The student’s cost of attendance less any other financial help received determines the maximum loan amount.

c. Benefits and Considerations:

Federal PLUS Loans give parents and graduate students a way to cover the difference between other forms of financial aid and the true cost of tuition. However, because PLUS Loans often have higher rates compared to other federal loan alternatives, it’s important to carefully analyze the interest rate and repayment requirements.

Keiser Private Loans

Private student loans aren’t immediately available through Keiser University. To help students locate money when all other possibilities have been explored, they collaborate with a list of private lenders.

List of Private Lenders

Keiser University works with the following private lenders for private student loans:

1. Sallie Mae

  • One of the biggest private providers of student loans in the country is Sallie Mae.
  • They provide many private student loan choices, such as fixed-rate and variable-rate loans.
  • Visit the Sallie Mae website for further details.

2. Discover Student Loans

  • Another renowned private lender of student loans is Discover Student Loans.
  • They provide a range of fixed-rate and variable-rate private student loan choices.
  • The Discover Student Loans website has more information.

3. Wells Fargo Education

  • Private student loans are available through Wells Fargo Education, a branch of Wells Fargo Bank.
  • They give customers the option of fixed-rate or variable-rate loans.
  • Visit the Wells Fargo Education website to learn more about their loan options.

4. PenFed Loans

  • Private student loans are available through PenFed Loans, a credit union.
  • They provide both variable-rate loans and fixed-rate loans.
  • The PenFed Loans website contains more details

Key Considerations for Private Student Loans

The following elements are crucial to take into account while assessing private student loans:

a. Interest Rate

  • The cost of the loan as a whole is greatly influenced by the interest rate.
  • Compare interest rates to see how much you will pay in interest over the course of the loan.

b. Fees

  • Origination and closing costs for private student loans could be present.
  • Consider these costs when calculating the overall cost of borrowing.

c. Repayment Terms

  • Loan duration and monthly payment amount are determined by the terms of repayment.
  • Select a term that is compatible with your available budget.

d. Credit Requirements

  • Credit score requirements for private student loans are frequent.
  • Make sure before applying that you meet the lender’s credit requirements.

It’s critical to make a choice based on your financial circumstances and capacity for payback. Consider private student loans, but carefully review the terms and circumstances of various lenders.

For the most accurate and recent information, always refer to the Keiser University website as well as the official websites of the lenders. Contact Keiser University’s financial aid office if you need assistance or if you have particular inquiries.


Navigating the world of student loans may seem difficult when you start your academic adventure at Keiser University, but rest assured that the school is committed to supporting you through a variety of financing choices.

Furthermore, the Keiser University Loan Forgiveness Program provides a beneficial chance to receive financial relief following the completion of necessary payments while working in public service.

Remember to take your financial situation and future aspirations into great account as you look into your loan alternatives and the Loan Forgiveness Program.

You can create the conditions for a fruitful and satisfying academic experience at Keiser University by making well-informed decisions.

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