Student Loan Debt? We’ve got resources just for you.
You have student loan tools and resources at your fingertips through Texas Health. Find out what we have waiting for you to help get your student loans under control.
Student Debt Tool
Overwhelmed? Not even sure where to begin? We get it. Student debt is complicated. Through Fidelity (yes, our 401(k) vendor), you can get a personalized plan of action for your student loans with their Student Debt Tool – even if you aren’t enrolled in the 401(k) yet.
The Fidelity Student Debt Tool was built to help borrowers take control of their student loan debt. For some people that may mean finding a lower payment with a federal, income-driven repayment plan, while others may be interested in applying to refinance or making extra payments. In the tool, you can upload your information to:
– See all your loans, both federal and private, in one place
– Model out different strategies using actual loan information
– Find clear and actionable information about the options
– Get started making a change
Get started at fidelity.com/studentdebt.
Student Loan Refinancing
Refinance. What does that even mean? Refinancing is the process of replacing an existing loan with a new loan, usually at a lower rate of interest. Which means you could save money by paying less interest over time. By refinancing your student loans, you could:
- Lock in a lower interest rate
- Lower your monthly payments
- Combine multiple student loans for easier management
Through our Employee Discount site (yes, the site that offers you some awesome discounts), student loan refinancing programs are available through Citizens One, Earnest, and SoFi. You can view each of these company’s offers (including low interest rates, payment options, and welcome bonuses) by going to www.Beneplace.com/TexasHealth and selecting Financial Wellness in the top banner. From the Financial Wellness page, scroll to the bottom section titled “Student Loan Refinancing”. Click on each company’s page to view the refinancing options available to you.
Employee Assistance Program
Through the Employee Assistance Program, you can speak with a financial counselor, who will offer telephonic consultation to help with an array of financial concerns. This service includes one, 60-minute telephonic consultation per separate matter and also includes a 25% discount on rates if the financial consultant is hired for additional services.
The EAP also has great information about student loans in addition to resources about how to pay less for loans, credit reports, predatory lending (loans that sound too good to be true) and more.