Savi provides an AI‑enabled platform that matches student loan borrowers with the optimal repayment or forgiveness program from a catalog of over 150 options, calculates potential savings, and automates the application process. The service includes real‑time eligibility monitoring and dedicated expert support, and can be integrated by employers, universities, governments, and financial institutions as a turnkey benefit for their members.
Funding
$7.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
WLFounders
Product
Problem
Student loan borrowers often lack clear, personalized guidance on repayment and forgiveness options, leading to higher monthly payments, missed savings, and prolonged debt burdens.
Solution
Savi offers an AI‑enabled platform that evaluates a borrower’s loan data against more than 150 federal and private repayment and forgiveness programs. The system calculates potential monthly savings and lifetime forgiveness amounts, then automates the enrollment paperwork and monitors ongoing eligibility. Users receive one‑on‑one support from loan experts to navigate complex applications and maintain compliance. Partners—employers, universities, municipalities, and financial institutions— can integrate Savi’s benefit into their employee or member offerings, providing a turnkey student‑loan assistance service. The public‑benefit corporation model ensures that the service remains focused on reducing debt for borrowers while delivering measurable ROI for partners.
Target Audience
Primary customers are employers, universities, local governments, and financial institutions that want to offer student‑loan assistance to their employees, students, or members, as well as individual borrowers seeking to reduce payments or qualify for forgiveness.
Features
- AI-driven algorithm that matches borrowers to the optimal repayment or forgiveness plan from a catalog of 150+ options
- Automated application generation and submission, eliminating manual paperwork and reducing error rates
- Real‑time monitoring of policy changes and eligibility updates with proactive alerts to users
- Dedicated expert support for personalized guidance and troubleshooting throughout the enrollment process
- Integration tools for employers and institutions to embed Savi benefits into HR, benefits, or member portals
- Community Support Program that provides free premium access and 1:1 assistance to at‑risk borrowers