My refund arrived today! It’s a month from when I got forgiveness, and for the amount I saw (briefly) as a pending payment in my FedLoan account. I’m so excited and grateful!
Love of my life baby boy born 11/11. One and done not by choice; 3 years of TTC yielded 4 MMC and 2 CPs, through 4 IUIs and 2 IVFs. Focusing on making the world a better place instead...and running.
My refund arrived today! It’s a month from when I got forgiveness, and for the amount I saw (briefly) as a pending payment in my FedLoan account. I’m so excited and grateful!
My refund arrived today! It’s a month from when I got forgiveness, and for the amount I saw (briefly) as a pending payment in my FedLoan account. I’m so excited and grateful!
Post by carriebear822 on Jun 3, 2022 18:18:00 GMT -5
I am in complete shock - did my daily log in and got the message of 120 payments were made. The ED finally reviewed my husband's account and applied the waiver to his missing ACS/DLS loan payments from Oct 2007 to June 2012.
Here is his timeline - 10/18/2021 - Submitted PSLF to FedLoan 11/10/2021 - Letter saying loan application was received (FedLoan) 11/12/2021 - Letter saying employment was approved (FedLoan) 11/29/2021 - Letter stating that loans were being transferred to FedLoan from EdFinancial 11/30/2021 - able to create Fedloan account, but couldn't any account balance information 11/30/2021 - $0.00 account balance at EdFinancial 12/14/2021 - Welcome letter from Fedloan and when logged in, able to see loans and was able to see payments towards PSLF (Covid forbearance payments) 3/30/22 - payment count updated to 112 counted payments, 5 payments that don't have Employer Cert 6/3/22 - Trophies received - ED applied missing payments
Today was my day! Last week my ECF was reviewed and I had 2 eligible payments— January and February— the months from when I consolidated to FedLoans to when my ECF was signed. I knew I needed to wait for the DOE to send over my prior payment count. I checked FedLoan this morning and it was still showing only 2 payments. I’m not sure why, but I just checked 30 minutes ago and they’re gone.
Post by Doggy Mommy on Jun 3, 2022 19:17:56 GMT -5
Finalllllly my payment count is showing some movement. Yesterday it showed 111 qualifying payments. Today it shows 111 qualifying payments and 7 non-qualifying. Hopefully this continues!
I am in complete shock - did my daily log in and got the message of 120 payments were made. The ED finally reviewed my husband's account and applied the waiver to his missing ACS/DLS loan payments from Oct 2007 to June 2012.
Here is his timeline - 10/18/2021 - Submitted PSLF to FedLoan 11/10/2021 - Letter saying loan application was received (FedLoan) 11/12/2021 - Letter saying employment was approved (FedLoan) 11/29/2021 - Letter stating that loans were being transferred to FedLoan from EdFinancial 11/30/2021 - able to create Fedloan account, but couldn't any account balance information 11/30/2021 - $0.00 account balance at EdFinancial 12/14/2021 - Welcome letter from Fedloan and when logged in, able to see loans and was able to see payments towards PSLF (Covid forbearance payments) 3/30/22 - payment count updated to 112 counted payments, 5 payments that don't have Employer Cert 6/3/22 - Trophies received - ED applied missing payments
Yayayyay!!
There have been a lot of DLS wins this week and I am here for it! I hope your time in trophy purgatory is short!
Today was my day! Last week my ECF was reviewed and I had 2 eligible payments— January and February— the months from when I consolidated to FedLoans to when my ECF was signed. I knew I needed to wait for the DOE to send over my prior payment count. I checked FedLoan this morning and it was still showing only 2 payments. I’m not sure why, but I just checked 30 minutes ago and they’re gone.
Finalllllly my payment count is showing some movement. Yesterday it showed 111 qualifying payments. Today it shows 111 qualifying payments and 7 non-qualifying. Hopefully this continues!
I am in complete shock - did my daily log in and got the message of 120 payments were made. The ED finally reviewed my husband's account and applied the waiver to his missing ACS/DLS loan payments from Oct 2007 to June 2012.
Here is his timeline - 10/18/2021 - Submitted PSLF to FedLoan 11/10/2021 - Letter saying loan application was received (FedLoan) 11/12/2021 - Letter saying employment was approved (FedLoan) 11/29/2021 - Letter stating that loans were being transferred to FedLoan from EdFinancial 11/30/2021 - able to create Fedloan account, but couldn't any account balance information 11/30/2021 - $0.00 account balance at EdFinancial 12/14/2021 - Welcome letter from Fedloan and when logged in, able to see loans and was able to see payments towards PSLF (Covid forbearance payments) 3/30/22 - payment count updated to 112 counted payments, 5 payments that don't have Employer Cert 6/3/22 - Trophies received - ED applied missing payments
Yayayyay!!
There have been a lot of DLS wins this week and I am here for it! I hope your time in trophy purgatory is short!
I am so excited and was in complete shock. I thought that we would have to his employer fill out the paperwork to get to 120 this month and then go through the reconsideration process. It looks like we will be getting 49 payments refunded.
There have been a lot of DLS wins this week and I am here for it! I hope your time in trophy purgatory is short!
I am so excited and was in complete shock. I thought that we would have to his employer fill out the paperwork to get to 120 this month and then go through the reconsideration process. It looks like we will be getting 49 payments refunded.
Seeing the new posts prompted me to check again and I have my initial count!!!! Finally some movement, nothing was there even this morning. The letter in my inbox on FedLoan indicates that all four of the employers I submitted are approved, so now I’m just waiting on the updated counts from before consolidation. I’m honestly not sure if I will hit 120 yet, it depends on exactly how they are counting long forbearance months. But I should be darn close! I’m going to get a new ECF signed Monday to cover the past four months in case I need those.
Today was my day! Last week my ECF was reviewed and I had 2 eligible payments— January and February— the months from when I consolidated to FedLoans to when my ECF was signed. I knew I needed to wait for the DOE to send over my prior payment count. I checked FedLoan this morning and it was still showing only 2 payments. I’m not sure why, but I just checked 30 minutes ago and they’re gone.
Congrats!
Sounds like we had similar situations, I just got my count today of two for Jan/Feb. Consolidated in Jan, send ECF in Feb. Your post has my hopes up it will only take another week for me!
Seeing the new posts prompted me to check again and I have my initial count!!!! Finally some movement, nothing was there even this morning. The letter in my inbox on FedLoan indicates that all four of the employers I submitted are approved, so now I’m just waiting on the updated counts from before consolidation. I’m honestly not sure if I will hit 120 yet, it depends on exactly how they are counting long forbearance months. But I should be darn close! I’m going to get a new ECF signed Monday to cover the past four months in case I need those.
Yay!!! So much movement happened today. I hope the next steps are quick for you.
So I know they are now counting payments even if we were on the wrong income-based repayment plan, but are they also counting random old payments that were sporadic.
I started diligently repaying my loans in March 2013. Prior to that, I had a few periods of payment for a total of an additional 8 payments while working for a qualified employer. Will those 8 payments also count toward the 120?
If they do, I could be done with everything by Christmas 2022. What an amazing Holiday treat!
So I know they are now counting payments even if we were on the wrong income-based repayment plan, but are they also counting random old payments that were sporadic.
I started diligently repaying my loans in March 2013. Prior to that, I had a few periods of payment for a total of an additional 8 payments while working for a qualified employer. Will those 8 payments also count toward the 120?
If they do, I could be done with everything by Christmas 2022. What an amazing Holiday treat!
They are counting any month you were listed as “in repayment.” You can check tour student loan history on studentaid.gov. My bet is that those months will count once you get the certification for them in (and wait several months…..)!
I hope you are correct. If so, then I will be done by Christmas this year as long as my current employer finally gets added to the database.
Just the thought of having this monkey off my back is overwhelming. I don't have words - I literally thought I would carry this burden long into retirement; especially after paying diligently for several years to find that I was on the wrong repayment plan. My heart just sank.
I hope you are correct. If so, then I will be done by Christmas this year as long as my current employer finally gets added to the database.
Just the thought of having this monkey off my back is overwhelming. I don't have words - I literally thought I would carry this burden long into retirement; especially after paying diligently for several years to find that I was on the wrong repayment plan. My heart just sank.
What status are the months listed as on your studentaod.gov account for that time period?
Post by carriebear822 on Jun 10, 2022 9:23:54 GMT -5
So my H has 2 pending payments and his balance has gone up by 12k which is what I think his refund should be. I hope this means we are close to forgiveness and a refund.
So my H has 2 pending payments and his balance has gone up by 12k which is what I think his refund should be. I hope this means we are close to forgiveness and a refund.
YAY!!!
That's exactly what that means.
Usually clears out in a few days and the refund comes in about a month. Woohoo!!
So my H has 2 pending payments and his balance has gone up by 12k which is what I think his refund should be. I hope this means we are close to forgiveness and a refund.
YAY!!!
That's exactly what that means.
Usually clears out in a few days and the refund comes in about a month. Woohoo!!
Thanks! My H has been paying on these loans since 2004 and has always said he would just die with them. It will be a relief to have these forgiven.
So my H has 2 pending payments and his balance has gone up by 12k which is what I think his refund should be. I hope this means we are close to forgiveness and a refund.
Quoting myself because I think they have been forgiven! Zero loan balance as now. This morning it was $51k.
So my H has 2 pending payments and his balance has gone up by 12k which is what I think his refund should be. I hope this means we are close to forgiveness and a refund.
Quoting myself because I think they have been forgiven! Zero loan balance as now. This morning it was $51k.
Thank you everyone who has chimed in on this.
Yayayayayayya!!!! Happy Friday Forgiveness Day to You!!!
You should have the official letter in his fedloan inbox on Monday or Tuesday!