Student Loan Repayment Resources
Savi
Explore Your Options —
What can Savi do for you?
- Save you money on your monthly payments
- Create a clear path to apply for student loan forgiveness programs
- Provide answers to all of your student loan questions through educational webinars or customized support
- Keep you updated on new programs and policy changes
Savi also provides free educational (and interactive) webinars, designed to help borrowers:
- Learn about student loan policy updates and what they mean for you
- Get started with the Savi tool
- Review repayment and forgiveness options like Income Driven Repayment Plans and Public Service Loan Forgiveness
- Get answers to all of your student debt questions - no matter how big or small!
Student Loan Debt Relief Tax Credit for Maryland State Employees
The Maryland Higher Education Commission (MHEC) encourages you to apply for the Student Loan Debt Relief Tax Credit, a benefit that helps state employees reduce their student loan debt. The application period is now open for the 2025 tax year.
APPLICATION PERIOD
- Opens: July 1, 2025
- Closes: September 15, 2025
Completing the brief application could result in a significant tax credit, helping you paying down your existing student loan balances. Many Maryland state employees have received the credit, and many have received the maximum credit of $5,000.
ELIGIBILITY REQUIREMENTS
- Must be a Maryland resident for the 2025 tax year.
- Must file Maryland state income taxes for the 2025 tax year.
- Must have incurred at least $20,000 in undergraduate and/or graduate student loan debt.
- Must have a minimum of $5,000 in outstanding student loan debt at the time of application.
Recipients of the tax credit must demonstrate that the entire amount awarded was directly applied to eligible student loan payments.
TO APPLY
- Visit the MHEC website: .
- Don’t miss out on this opportunity to significantly reduce your student loan debt.