This year more than any other, borrowers looked to Summer for guidance, a financial lifeline, and even renewed hopes for loan forgiveness. With your support, we delivered on that promise. Read on for our year-in-review.
$2.3
B
That’s billions. This number represents thousands of individual borrowers, each with their own financial hopes and dreams.
$17.2
M
Our claim to fame? Savings. Think of this number as our scorecard, and we believe we’re doing quite well.
$2,319
Borrowers see meaningful savings, opening doors to life-enhancing areas like being able to afford a mortgage or build a family.
$56,019
Public service borrowers are finally receiving the forgiveness they deserve, faster, with the limited PSLF waiver. Sweet, sweet forgiveness.
The real reward of 2021? Seeing more borrowers, each with their own financial goals and stories, get the savings and forgiveness they deserve.
With new borrowers come new form submissions. This year, Summer helped more borrowers cross the forgiveness finish line by making submissions simpler with technology and a human touch (namely, our Borrower Success team).
What does it take to scale a team? A whole lot of coffee, a supportive environment and vibrant company culture. As the team grows, our commitment to borrowers is stronger than ever.
After years of building a leading digital platform, this year marked an expansion into integrated options including an API suite and widgets. Tech talk aside, this means more possibilities for more organizations to unlock savings for those they serve.
This year, instead of our usual holiday greeting, we're donating to a worthy cause. It's our way of giving back after another great year, and we couldn't have done it without our incredible partners and borrowers.