Power Of Change

Power Of Change

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Connecting the black community to minority businesses and resources around the world.

10/18/2022

"Black women hold more student debt than any other group — with an average of $38,800 in federal undergraduate loans. Black female borrowers who attended graduate school hold an average of $58,252 in graduate loans. Despite the enormous cost of going to college, Black women are still pursuing a higher education because to achieve their academic and professional goals and improve the financial situation of their families, they need a degree!" Apr 7, 2022 by Victoria Jackson and Brittani Williams

Now is the time to Apply for Federal Student Loan Debt Relief!!
🟠Eligibility for Debt Relief
What Is Federal Student Loan Debt Relief? It’s a program that provides eligible borrowers with full or partial discharge of loans up to $20,000 to Federal Pell Grant recipients and up to $10,000 to non-Pell Grant recipients.
🟠Who Qualifies?
Individuals who made less than $125,000 in 2021 or 2020
Families that made less than $250,000 in 2021 or 2020
If you filed federal taxes, your income requirements are based on your adjusted gross income (AGI), which tends to be lower than your total income. Your AGI can be found on line 11 of the IRS Form 1040.
🟠How It Works
Apply today (but no later than Dec. 31, 2023). We’ll determine your eligibility and will contact you if we need more information. Your loan servicer will notify you when your relief has been processed.
Learn More About Student Loan Debt Relief:

Federal Student Aid

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