Student loan refund Student Loans |
- Student loan refund
- Income based repayment + student loan forgiveness. Married filing jointly vs. separately.
- Advice needed. What’s the best route to pay off my loans?
- Private Loan Consolidation Experiences
- HELP!!! Great Lakes "mistakenly" put daughter in REPAYE, even though she only applied for PAYE
- Good article on the first day of the borrower defense neg reg
- PSLF and amended tax returns
- PSLF: Where does it stand? Tax reform/PROSPER.
- Question about government student loans
- Considering joining the Arm
- Refinancing large amount of student loans
- Should I take out loans?
- Reporting income increase with IBR and PSLF?
- Semester abroad questions!
- Anybody having trouble logging into Conduent?
- How is my SAP financial aid appeal so far? Denied once time, here is my second attempt.
| Posted: 09 Jan 2018 04:45 PM PST I paid off my student loans atleast 4 years ago. Today I got an US treasury check from the dept of education saying fed student loan refund. Was there something that happened where lots of people are getting one, or did I have some overpayment that got slipped through the cracks and just now caught, or something else? Anyone have any ideas? [link] [comments]  |
| Income based repayment + student loan forgiveness. Married filing jointly vs. separately. Posted: 09 Jan 2018 02:56 PM PST My wife is currently enrolled in an income-based student loan repayment program (IBR). She also has federal student loan forgiveness after 10 years of timely payments. We currently file our taxes separately to keep her payments as low as possible. However, for 2017 I had substantial capital gains via the sale of stocks. If we were to file jointly, my tax liability would be reduced substantially due to the fact I'm affected by AMT when filing separately (but not if we were to file jointly). If we file our taxes jointly in 2017 her student loan payments would rise, but our tax savings would offset it. Next year if we filed separately, we won't be affected by AMT when filing. My question - if my wife and I file jointly this year, (kicking her out of IBR) would she be able to switch back to an income based repayment program for 2019 when we switch back to filing separately, or would she be required to always file jointly going forward? Also, would this switch impact her 10 year student loan forgiveness enrollment (she's currently on year 4 of 10) I hope this makes sense. Any advice would be very much appreciated. [link] [comments]  |
| Advice needed. What’s the best route to pay off my loans? Posted: 09 Jan 2018 06:37 PM PST Hi r/StudentLoans, I've been out of school for a few years and I'm now finally in a position where I feel like I can get some sort of control over my loans. I make a base salary of $45,000 and I make probably an extra $12,500 or so yearly in overtime. Right now I'm just under $40,000 remaining on my loans and I'm trying to get fairly aggressive with making payments yet still being able to live moderately comfortable. Here's the breakdown of what I'm currently dealing with: Loan #1 - $5,897 (1/18) 6.160% fixed Monthly payment - $250 Loan #2 - $8,533 (1/18) $4,045 - 3.61% fixed $457 - 3.61% fixed $4,031 - 3.15% fixed Monthly payment - $118.39 Loan #3 (consolidated) - $25,553 (1/18) 4.50% fixed Monthly payment- $207.05 TOTAL MONTHLY PAYMENT - $575.44 OVERALL BALANCE DUE - $39,983 Payoff Time - 73 Months (6.08 Years) Payoff Date - February 2024 Any advice on how this looks? I'm paying the minimum monthly payments on the latter two loans, but does it make sense to be paying as much as I am on the first loan? (Minimum I believe is $125). Would it be more beneficial to pay maybe $150 on that and spread the remaining money toward the other loans, or would getting rid of the highest interest rate make the most sense? Any advice, insight, or wisdom would be greatly appreciated! [link] [comments]  |
| Private Loan Consolidation Experiences Posted: 09 Jan 2018 05:45 PM PST I'm pretty set on refinancing with Earnest, despite their relationship with Navient (they still operate independently for the foreseeable future). I want to hear experiences and opinions first, though! Is there another group I should consider? I have good credit and a cosigner with pristine credit, so getting approved through any of the companies should be achievable. I want to get away from multiple ridiculous Sallie Mae loans. [link] [comments]  |
| HELP!!! Great Lakes "mistakenly" put daughter in REPAYE, even though she only applied for PAYE Posted: 09 Jan 2018 11:01 AM PST I feel like I'm in a nightmare that will never end. This has been going on since November, here's a background (I've posted previously, don't know how to link it tho). My daughter specifically requested to be in PAYE, she wants to work towards PSLF. She received emails stating that she was being considered for PAYE, and then for some inexplicable reason Great Lakes switched her to REPAYE. She does not want that, she wants PAYE. We have called so many times, it is crazy and causing us both anxiety. Her payments will start in 11 days, we've been trying for close to 2 months to have them fix this. Each agent we speak to seems helpful, but they never follow through. Is it possible to talk with a supervisor when calling Great Lakes? She wants to get the plan straightened out before she submits her ECF, but nobody will f'ing do what they're supposed to do. WHY WON'T THEY DO THEIR JOB???? Does anyone have any advice or tips to get this resolved quickly? We are feeling desperate! [link] [comments]  |
| Good article on the first day of the borrower defense neg reg Posted: 09 Jan 2018 06:12 PM PST Its not pretty whether you are a borrower or a taxpayer I'm afraid. But its,not over yet and these rules will only affect new loans after,July. 2019 so,borrowers with pending,claims can look,away. https://m.huffpost.com/us/entry/us_5a54f3eee4b0f9b24bf31afb/amp?ncid=engmodushpmg00000004&ncid=engmodushpmg00000004&__twitter_impression=true [link] [comments]  |
| Posted: 09 Jan 2018 06:00 PM PST /u/Betsy514 , /u/Angr1st , and other saints- Do you have knowledge as to how previously submitted PSLF payments are treated when a borrower needs to amend a tax return.? When that tax return was the basis of the IDR and the change is not nominal? [link] [comments]  |
| PSLF: Where does it stand? Tax reform/PROSPER. Posted: 09 Jan 2018 01:35 PM PST I dug into this a little bit, but I couldn't find if the PSLF was affected by the recent tax reform. You know, the one with the ridiculously large document and outrageous amount of handwritten notes in the margins... I can't find any information on if the PSLF was, indeed, affected by that document. I do believe it will be significantly revamped under PROSPER, should PROSPER go through as is. Among other structural issues, I'm pretty worried about the repayment plan being based on both my income and my husband's. He makes 3x what I do in the private sector, but has zero benefits (that's where my job comes in). We live in one of the most expensive counties in the country, and though our salary sounds great on paper, we don't have a ton of extra money to throw at student loans. We have no long-term savings. My salary is not a livable wage in my county and never will be. This is my home and I'm not that willing to leave. To put it in perspective, my boss makes 2x my salary and lives in a fifth wheel camper on our state park due to unaffordable housing. Anyway, I think PROSPER is still being prepped for voting. (https://www.congress.gov/bill/115th-congress/house-bill/4508) Does anyone else have more information or insight? Here is the link for contacting your representative if you have the same concerns. [link] [comments]  |
| Question about government student loans Posted: 09 Jan 2018 09:46 AM PST I was fortunate enough to not have to take out any loans outside of the government subsidized and unsubsidized loans through my financial aid plan. My payments start this month but are relatively low considering my current income. Is there anything stopping me from paying off more than the monthly balance (which would have me paying off the loans for 10 years)? I'm positive I can be comfortable paying 2-3x the balance while still saving/investing a good anount (for now). Other info: God willing, i'll be going to grad school next year, so I want to get as much of a head start on these loans as I can before it gets significantly harder to pay them (or I have to defer them or something) [link] [comments]  |
| Posted: 09 Jan 2018 01:25 PM PST Hello I'm looking at making a big life decision. About me: I am currently $80k in student loans, Graduated from a private school in 2014 I am currently paying $1,200 a month - which is sustainable however, not ideal for building any kind of savings. I also don't see myself getting out of this hole for another 7-10 years. The Army has the student loan repayment plan If I join as full time they will pay $65k If I join as a reserve they will pay $50k over 6 years. Is there anything I am not looking at before taking this into the next steps? From my research this seems like the best option. [link] [comments]  |
| Refinancing large amount of student loans Posted: 09 Jan 2018 09:03 AM PST Medical professional here. Looking to refinance massive debt to lower interest rate. Has anyone successfully refinanced 200k or 250k plus with a private lender at a lower rate? Does anyone have any tips here for finding a lower rate with an interest rate currently around 6.5%? I would really like to get it down to 3.5-4.5%. Thanks! [link] [comments]  |
| Posted: 09 Jan 2018 10:49 AM PST (I know that no one can give me the "right" answer) I'm 20, this is my first "real" semester of college (I paid out of pocket for 3 prereq classes last semester) and I was confused about how FAFSA worked and how fucking expensive some of these classes are. Tl;dr I want to be a social worker and if I'm gonna do that I have to take out ~2.5k a semester. I'm panicking a bit. I've never been in debt. Thoughts? [link] [comments]  |
| Reporting income increase with IBR and PSLF? Posted: 09 Jan 2018 10:44 AM PST I am on an IBR plan and was unemployed/had very low income for a time, so my payments were $0. I recently got a new PSLF-eligible job with an annual salary of $60k. I am filling out my employment certification paperwork, but my reading on this forum and elsewhere suggests that I actually don't have to report my significantly increased income until my next annual certification, which will not be until late 2018. If I weren't doing PSLF I figure this would all come out in the wash eventually (and I would probably be inclined start paying more voluntarily to make faster progress), but can I really make 10-11 qualifying payments of $0 that will count towards my 120 for forgiveness? Will submitting my employment paperwork trigger a new income certification? I actually don't even really mind paying based on my new income - I just want to make sure I'm not going to accidentally screw myself. Thanks! [link] [comments]  |
| Posted: 09 Jan 2018 10:02 AM PST I'm not sure if this is the place to ask, but i'm not sure where else i can haha. If you are considering spending a semester abroad (say in the country you plan to move to after getting your degree), would that be something you could factor into a student loan? or would something like that have to be entirely out of pocket? For reference - I currently live in the US and would like to spend a semester in Japan. [link] [comments]  |
| Anybody having trouble logging into Conduent? Posted: 09 Jan 2018 08:45 AM PST Haven't had any troubles when ACS switched to Conduent til recently. Not able to log in and it just keeps giving me the "service is temporarily unavailable" message. Can't reach anyone on the phone or via email. Just wanted to see if anyone else was in the same boat! [link] [comments]  |
| How is my SAP financial aid appeal so far? Denied once time, here is my second attempt. Posted: 09 Jan 2018 06:03 AM PST Dear Financial Aid committee, I am appealing my federal aid ineligibility as a result of failing to meet SAP requirements during Academic Year 2017 Fall semester. I both understand the decision for dismissal and take responsibility for the actions that led up to it. I have written this letter in hopes of conveying the gravity with which I regard my academic future and the steps I have taken to remedy my current academic standing. The actions leading to my grades not meeting up to SAP standards were due stress due to taking too many courses and the depression and anxiety I contributed because of it. Before enrolment as a transfer student in 2016 I was diagnosed with hypothyroidism.I went through a few doctor visits and was put on Levothyroxine medication which did at the time help with the depression and anxiety symptoms. In fall 2017 semester is when my refills of the medication went out , at this time is when I would start seeing the symptoms again.As a result of being off medication my stress and anxiety started to build up as it was the first semester in which I took more than 4 classes. This gave me constant insomnia, troublesome fatigue walking to class and constant just streaks of depression with academic scores not being met to standards that were I wanted them. At this time I did not seek any counselling for my depression and anxiety. In september though the end of the academic year I would see my advisor for academic advice on my major, as well as an attend academic peer coach session which started on 10/17/17 which in a way did help with insecurities about my academic decline. I have sought treatment for these issues and am currently on a new insurance plan and will have funds to buy more levothyroxine for my hypothyroidism in order to help my depression and anxiety symptoms. Appointments have been made on 1/9/18 to see a counselor for my depression issues until I am able to receive medication after my doctor check up in later date january. I have come up with an academic plan with my advisor which will enable me to make better academic decisions a choices in order to graduate in my major. I have also dropped my course load from 5 classes to 4 per semester and will be taking a break from accounting for a semester in replacement with an elective course as to not work myself which could result in an anxiety attack or stress overload. I have already started to attend harc in university suites center and will continue to go weekly as well as make tutoring appointments in academic success center as the semester workload starts to kick backup. This is what I have so far, how is it? what would should I add, get rid of etc and grammar. here are the sap rules: The SAP Appeal process requires the submission of a written statement by the student outlining the extenuating circumstances which led to their academic difficulties, how the circumstances have changed, and the student's plan for improving their academic status. The statement must be typed, signed by the student, and must specifically address the courses, grades, and terms of enrollment which are affecting the insufficient SAP standing. The statement should have correct grammar, spelling, and punctuation and should be written in a professional manner. The appeal must be accompanied by supporting documentation from at least two individuals who can corroborate the student's circumstances. If the documentation is provided by a professional (business, medical, counselor, clergy, etc.), the documentation must include the institution's professional letterhead, the professional's credentials, and must be signed. If a letter of support is provided by a personal reference (teacher, family friend, etc.), the documentation must be signed by that reference. [link] [comments]  |
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