Frequently Asked Questions
Find answers to some of the most common questions here. For more information, you can visit our full FAQ page.
What is Finology Software and how does it work?
Finology Software is a financial technology platform that empowers financial advisors (and individuals) with tools to manage student loan repayment and personal debt. It helps simulate repayment options and recommends smart forgiveness strategies.
Can Finology Software simulate different repayment and forgiveness options?
Yes. It supports Income-Driven Repayment (IDR) plans, including SAVE, PAYE, REPAYE, and tracks eligibility for programs like Public Service Loan Forgiveness (PSLF).
How do I get started with Finology Software?
New users can begin with a 7-day free trial (credit card required). After that, annual subscriptions start at $1,000/year. A simplified version is also available starting at $99 for individuals.
What are the key features of Finology Software?
Features include seamless NSLDS data import, federal loan simulations, IDR comparison tools, advanced planning with pro forma income scenarios, and PSLF tracking—all designed for accurate, personalized advice.
How secure is my data on Finology Software?
Finology uses high-standard encryption and complies with SOC2 through its public cloud provider to protect all client data and maintain privacy.