Financial Wellness Resources

Financial resources are not specific to Green Dot but include a compilation of available resources found online. If you have questions about these resources, please contact the program directly. If you find any of the resources are no longer available and/or if you have any recommended additional resources to add to this section, please contact your local Human Resources partner.

Public Service Loan Forgiveness (PSLF)

This program forgives the remaining balance on your Federal Direct Loans after 120 qualifying payments (10 years).

State-Sponsored Student Loan Forgiveness Programs

Learn more about the many state-sponsored student loan forgiveness program options!

Public Service Loan Forgiveness (PSLF)

This program forgives up to 100% of your Federal Perkins Loan Program if you teach full time at a low-income school, or if you teach certain subjects.

  • Only Federal Perkins Loans will be forgiven. Check to see if you have Perkins Loans at StudentAid.gov.
  • If you are eligible for this program, up to 100% of the loan may be canceled for teaching service, in the following increments:
  • 15% canceled per year for the first and second years of service.
  • 20% canceled for the third and fourth years.
  • 30% canceled for the fifth year.
  • Each amount canceled per year includes the interest that accrued during the year.
  • Learn more at https://studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation/perkins.

Teacher Loan Forgiveness

This program forgives up to $17,500 of your Direct or FFEL Subsidized or Unsubsidized Loans after five complete and consecutive years of teaching at a qualifying school.

  • You must have been employed as a full-time teacher at an eligible school for five complete and consecutive academic years, and at least one of those years must have been after the 1997–98 academic year.
  • Certain highly qualified special education and secondary mathematics or science teachers can qualify for up to $17,500 in forgiveness.
  • Other eligible teachers can qualify for up to $5,000.
  • PLUS loans and Perkins Loans are not eligible to be forgiven through this program. Any time you spent teaching to receive benefits through AmeriCorps cannot be counted toward your required five years of teaching for teacher loan forgiveness.
  • Teacher loan forgiveness applications are accepted after you have completed the five-year teaching requirement.
  • Learn more at https://studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation/teacher.
  • Print and complete the Teacher Loan Forgiveness Application.

 

Financial Wellness Coaching

Green Dot Public Schools has teamed up with Cerity Partners to provide financial wellness coaching to help you reach more of your financial goals.

Wellness coaching can help you:

  • Build a budget
  • Create an emergency fund
  • Get out of debit
  • Improve your credit
  • Buy a home
  • Save for college
  • Plan for retirement
  • Evaluate insurance and estate planning needs

To begin taking advantage of financial wellness coaching, follow these steps:

  1. Log on to the financial wellness portal.
  2. Click on “Register new account” then create an account with your email address.
  3. Dive into the questions, though completing them before your meeting is not a requirement!
  4. Financial wellness coaches are also available by phone or email Monday through Friday from 8 am to 6 pm PT. Access the portal anytime day or night.

Contact the financial wellness team with questions at WealthHealth@CerityPartners.com or 800.563.7166

Life Services Website

Included with your Lincoln Financial Group term life insurance is access to the Life Services website, which provides educational resources to help you meet your personal and financial goals and improve your overall well-being. Go to www.workhealthlife.com to find information and tools that will help you:

  • Assess your financial well-being
  • Manage your finances
  • Protect against identity theft
  • Create a legally-binding, state-specific will and other legal documents
  • Stay informed about important life matters
  • Ensure support for your beneficiaries