Defaulted Parent Plus Student Loan — Advice Needed Student Loans |
- Defaulted Parent Plus Student Loan — Advice Needed
- Loan forgiveness help
- Possible to Jump from REPAYE to Standard Repayment without PFH?
- For those who think to take a studet loan
- Cal Grant GPA Question
- ECSI Help - Loan payments seem high
- How to verify credits claimed on previous tax years?
- I sent out a debt validation and it's been well over 30 days since I got a reply via the Mail, now what?
- Questions about progress on Devos' DOE loan processing
- PSLF: when, oh, when will they tell me how many of my payments qualify??
- Help on who to contact and what to do
| Defaulted Parent Plus Student Loan — Advice Needed Posted: 26 Feb 2018 08:16 PM PST My fiancé had a Parent Plus Student Loan in her moms name from when she attended school and just got a notification that the loan is now defaulted. A couple questions I have are: Since her parents are married — can it affect her dad's assets since they joint file taxes together? How do you go about negotiating the defaulted loan if the full amount is $100K+? Do they actually take legal action about the defaulted loan and what's the time frame until they do — and has anyone gone through the legal experience before? Any other information about defaulted or delinquent loans (since my fiancé has some others in her name, but this one is the only one defaulted) is greatly appreciated. Thanks! [link] [comments]  |
| Posted: 26 Feb 2018 10:25 PM PST Need some advice..my wife has been a teacher for 10 years (South Dakota and california) and is currently getting her masters and will be done this summer. She has about 10k left on her student loans from college in the early 2000s and another 15k for her masters that she took out over the last 2 years. My question is how do I start the loan forgiveness process and would her current masters loans also be forgiven? Thanks for your time and help! [link] [comments]  |
| Possible to Jump from REPAYE to Standard Repayment without PFH? Posted: 27 Feb 2018 12:51 AM PST Topic. If my income rises too much on REPAYE where it would make more sense to just go on the standard repayment, can I do that? [link] [comments]  |
| For those who think to take a studet loan Posted: 26 Feb 2018 07:17 AM PST I found an interesting post about how to avoid student loans. To make it shorter I will leave only the headlines. If you like it can read more here
There are tons of scholarship opportunities out there based on a variety of qualifications — academics, athletics, cultural and community experiences, background, location, desired major or area of study, accomplishments. If you get creative, you'll find a lot of options available out there. For example, football scholarships aren't just for football players, but some schools offer them to other members of the team like equipment managers.
The cost of college can vary a lot depending on the school. Choosing a school that's better for your budget can save you a lot of money in the long run, so it's important to do a little research. Find out what kind of financial aid different schools offer, as some provide aid based on need, some offer free tuition based on academics, and others are free altogether.
Clark Howard is a big fan of the idea of starting out at a two-year community college and then transferring to a state or other bigger four-year school where you plan to graduate from. And when you think about it, have you ever heard an employer ask where you started school?
There's a new program that takes this route a step further. AmericanHonors.org will guarantee your admission to big name schools if you do the required coursework and maintain your grade point average.
Student employment through the university is a great way to help you fund your college expenses. The Federal Work-Study program offers job opportunities to full-time and part-time students at thousands of schools across the country as a way to help finance their education. The jobs offered may also fit with your particular area of study, giving you some extra experience. When you fill out for FAFSA, make sure to check the box that indicates you're interested in student employment.
I love Clark Howard's story of how he got a job with IBM as a bill collector, because he knew they would help pay for his master's degree. He had to pay for his books and maintain a B average, or he wouldn't get the reimbursement. So he worked his tail off and had the cost of his tuition covered for his master's in business management!
Grants are typically reserved for students who demonstrate a certain amount of financial need. They're offered by state and federal governments, as well as by private organizations and universities. Some are geared toward certain groups of students — such as those with a specific area of study or a unique trait like being a first-generation college student.
Working on the side throughout school can be a great way to cover at least some of your expenses. It's important to balance working with your academics, so if you're someone who can make both work, then go for it! Check out local community websites and job boards for opportunities in the area.
In many states, you have a flagship state university and then you have 'directional schools.' A directional school is simply any school with a description of where it is geographically located in the name, like Central Michigan University, where Clark got his master's degree. These kinds of schools tend to devote more of their money to classroom teaching, rather than to faculty research. They have higher efficiency and lower tuition. [link] [comments]  |
| Posted: 27 Feb 2018 12:25 AM PST Hey guys so I didn't meet the requirements for Cal Grant A since I didn't have a 3.0 GPA in high school. Does this mean I can never get Cal Grant A? Also, how do I get Cal Grant B? It says I still need to verify my GPA but I don't know if it's talking about high school GPA or college GPA. I'm currently attending Cal Poly Pomona as a freshman so I don't think I meet the unit requirements. Edit: I checked on Web Grants For Students and it says that my Cal Grant Application is awaiting processing but I never turned in any application? Did it do it automatically since I completed my FAFSA? Btw under renew Cal Grant it says that I still need to verify my GPA but I never submitted a Cal Grant before so this shouldn't be a problem? [link] [comments]  |
| ECSI Help - Loan payments seem high Posted: 26 Feb 2018 10:24 PM PST Hello! I have a perkins loan of $4,500 and a university loan of $1,500 (both at 5% interest) serviced by ECSI. I just got a notice in the mail that my first payment for the university loan is due in April for $90 and my first payment for my perkins loan is due in july for $143. Those payments seem pretty high for the loans that I have. I did the finaid payment estimate calculator and it said that my monthly payment should be around $63. This seems especially high considering that I have $26,000 is loans serviced by great lakes and my payment is only $263 per month. Granted the interest rates are a bit lower at 3-4%. I was also never given a repayment plan, I have no idea if I am on the standard 10 year level payment plan (like my great lakes loans) or what. I can't find where it states this information on the ECSI website. I have tried emailing multiple time and haven't been able to get a response and have called two times this week and was put on hold for 40 mins and then the line was cut off and the second time I was on hold for an hour and a half and gave up. Do these monthly payments seem high to you guys or am I just crazy? Also if anyone has any insight to where I can find my repayment plan, it'd be greatly appreciated. Thanks! Edit: grammar [link] [comments]  |
| How to verify credits claimed on previous tax years? Posted: 26 Feb 2018 10:20 PM PST On the IRS website, I cannot see tax returns older than 2014 and do not have copies of my older tax returns. I graduated HS in 2008, went to college 2009-2011 and 2012-2014, graduating with my AS and BS. My previous tax preparer said I claimed the American Opportunity Credit 3 years prior on my 2014 returns. I should have 1 year left to qualify for the AOC but am not sure how else to verify. I've tried calling the IRS but have only found their automated line which also states I can only request up to 2014. Anyone know how to verify the credits claimed otherwise? I'd like to claim the credit but obviously do not want to be penalized. [link] [comments]  |
| Posted: 26 Feb 2018 01:48 PM PST A while ago I sent out a validation letter back in Dec 2017 (via certified mail), it's now about to be March and I haven't received anything back, what are my next steps to take regarding this matter?
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| Questions about progress on Devos' DOE loan processing Posted: 26 Feb 2018 09:52 AM PST Does anyone have any recent information or know where to look for any new updates regarding the Dept of Ed and it's decisions on student loan forgiveness and processing forgiveness applications? [link] [comments]  |
| PSLF: when, oh, when will they tell me how many of my payments qualify?? Posted: 26 Feb 2018 05:52 AM PST I've had my eligibility for PSLF confirmed with a letter back in the fall (2017), and ever since then have been waiting for them to confirm how many of my payments qualify. My situation is not complicated: I've been at the same nonprofit for over 10 years, I consolidated all of my loans over 15 years ago so they've all been under the Dept of Education (one payee). The only thing that I can possibly see as being a little complicated is that I have had periods of Deferment or Forbearance here and there when unemployed, etc. But still - does it seem odd that it's taking them this long to figure out how many of my payments count? I feel like every time I call, I get someone at FedLoan who sounds like a temp and can't tell me very much. Any suggestions, or wisdom based on your experience? Thanks... :-) [link] [comments]  |
| Help on who to contact and what to do Posted: 26 Feb 2018 06:38 AM PST Hi everyone. I need some help on who I should contact in regards to my situation. Last week, I had to withdraw from my University because of medical reasons and I had a one month recovery period, and I could not keep up with coursework. I intend to reenroll in the fall, but I know that the Feds are probably thinking that I dropped and are going to want my money. I am not sure who I am supposed to contact and tell them my situation, or if it will even help at all to do such a thing. [link] [comments]  |
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