Human Resources Department

Loan Forgiveness

Dear Staff Members,

To help improve your student loan situation and overall financial well-being, our local education agency, Wayne RESA, is partnering with an advisory company, ISLoan Solutions, to educate you and provide options, including loan forgiveness and refinancing, that may help lower, or even eliminate, your payment. All employees with student loans are encouraged to find out if this voluntary benefit can help you. Join your colleagues who have reduced monthly payments by 82% (avg), and expect $80,196 in projected tax-free loan forgiveness.

Click this link: https://wayneresa.myisls.com/register and enter registration code WAYNE

If PSLF makes sense, you will be able to:

  • Immediately lower your monthly student loan payment
  • Reduce your student loan obligation
  • Significantly lower your cost to earn additional degrees
  • Receive a personalized 10-year loan forgiveness plan outlining your projected tax-free savings

Some may be able to lower your payment through the program, Public Service Loan Forgiveness (PSLF is not Teacher Loan Forgiveness*). For those who won’t benefit from PSLF, refinancing may work for you. You are under no obligation to use these services or to do anything if you explore the link above.

If you have any questions regarding Loan Forgiveness, please feel free to call the Human Resources Department at (313) 827-3002.