This website is intended for institutional retirement plan sponsors and their consultants, registered investment advisers, and other related businesses. If you are looking for individual services, please visit TIAA.org.

Ease student debt, strengthen your workforce

Financial wellness encompasses so much more than retirement planning. Student debt may be one of the biggest financial challenges employees face. Americans have over $1.8 trillion in student debt1; it can be a burden on individuals’ finances and can impact the level of retirement plan contributions they may make.2 So team up with TIAA and Savi to help your employees tackle one of the biggest financial challenges they face.

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Nearly $1.2 billion in projected loan forgiveness and counting3

Savi is a social impact company that helps people successfully navigate the complex Public Service Loan Forgiveness (PSLF) program. The experts at Savi can streamline the application process so that your employees can get the relief they need to restore confidence in their lives and work towards other financial goals—like retirement.

$40,000

average student loan forgiveness4

$1,680

average savings per year4

Savi dramatically increases PSLF application success

Only 2.3% of PSLF process applications have been accepted since November 20205, while 98% of Savi Essential user applications have been accepted into the PSLF program6.Through Savi, employees can discover their savings and forgiveness options for free and then either submit the application on their own or get the paperwork filled out and filed for them with Savi Essential.

Add an impactful employee perk with ease

We believe that helping people build healthy financial habits can mean more security now and in retirement. We're here to help you get this unique financial wellness benefit up and running quickly.

No IT spend or contract to offer the service

Option to cover Savi Essential on behalf of employees

Ready-to-use communications toolkit

Take action

Get started today

See a demo or begin offering Savi

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  1. Melanie Hanson, “Student Loan Debt Statistics,” EducationData.org, January 15, 2025, educationdata.org/student-loan-debt-statistics.
  2. Student Loans and Retirement Preparedness, EBRI Issue Brief, No. 601, February 8, 2024.
  3. Savi Solutions PBC, as of October 31, 2024. Results experienced may not be typical of all Savi users. Individual results will vary.
  4. Between January 1, 2019 and December 31, 2023, based on Savi’s internal measurements, Savi users saw average projected savings of $140 per month, and an average projected forgiveness of $40,000.
  5. Hanson, Melanie. “Student Loan Forgiveness Statistics” EducationData.org, August 4, 2024, https://educationdata.org/student-loan-forgiveness-statistics
  6. Between January 1, 2023 and June 30, 2023, based on Savi’s internal measurements, less than 2% of users reported an issue with their PSLF Certification when submitting through Savi.

Savi and TIAA are independent entities. A portion of any fee charged by Savi is shared with TIAA to offset marketing costs for the program. In addition, TIAA has a minority ownership interest in Savi. TIAA makes no representations regarding the accuracy or completeness of any information provided by Savi. TIAA does not provide tax or legal advice. Please contact your personal tax or legal adviser.

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