PSLF

[okla]

Feb 16, 2022 17:46:31 GMT -5 gretchenindisguise said:

Feb 16, 2022 17:24:50 GMT -5 mofongo said:

gretchenindisguise , or anyone who knows - I’m back with another question. We got something in the mail stating the consolidation would occur on 2/23. I just went to the student aid website and it says on 1/30 his loans went into forbearance, is this part of the process? Did that happen when he applied for the consolidation?

ETA: and when I go to nelnet, where his loans were/are it says no payment due until April???

Yup, part of the process to go into forbearance.

There is also apparently a time period where both the old loans + the new consolidation loan may all show on student aid - so it temporarily looks like your loans have doubled. That is normal too - it will right itself a few days later.

I got a notification that my credit score had dropped and I looked and it was because my loans were reported at old servicer and FedLoan. Luckily I don’t need a loan or anything soon!

[allez]

My loans were forgiven yesterday!

[gretchenindisguise]

Feb 16, 2022 19:51:32 GMT -5 allez said:

My loans were forgiven yesterday!

Woohoo!!! Congratulations!!

[gretchenindisguise]

Feb 16, 2022 18:48:26 GMT -5 mofongo said:

Feb 16, 2022 17:46:31 GMT -5 gretchenindisguise said:

Yup, part of the process to go into forbearance.

There is also apparently a time period where both the old loans + the new consolidation loan may all show on student aid - so it temporarily looks like your loans have doubled. That is normal too - it will right itself a few days later.

You should start charging for your services!!! Not slightly joking lol

I’m getting a great dinner, right???

But seriously, I’m just happy to pass along knowledge that I gained for free. I want everyone to benefit from pslf that can.

[bex1973]

Feb 16, 2022 18:54:42 GMT -5 okla said:

Feb 16, 2022 17:46:31 GMT -5 gretchenindisguise said:

Yup, part of the process to go into forbearance.

There is also apparently a time period where both the old loans + the new consolidation loan may all show on student aid - so it temporarily looks like your loans have doubled. That is normal too - it will right itself a few days later.

I got a notification that my credit score had dropped and I looked and it was because my loans were reported at old servicer and FedLoan. Luckily I don’t need a loan or anything soon!

It's just because your loans were probably your longest debt. You should see it recover after a bit.

[bex1973]

Feb 16, 2022 19:51:32 GMT -5 allez said:

My loans were forgiven yesterday!

HUZZAH!!!!!!!!!!! Congrats!!!!

[pumpkin]

Feb 16, 2022 19:51:32 GMT -5 allez said:

My loans were forgiven yesterday!

Yay!!!! Congratulations!!

[MrsDarcy]

I know I haven’t participated in this thread and am just swooping in, but MY HUSBAND’s ALMOST 90K LOAN WAS FORGIVEN TODAY!!! OMG!!!!!!

Good luck everyone!!

[gretchenindisguise]

Feb 17, 2022 23:48:37 GMT -5 MrsDarcy said:

I know I haven’t participated in this thread and am just swooping in, but MY HUSBAND’s ALMOST 90K LOAN WAS FORGIVEN TODAY!!! OMG!!!!!!

Good luck everyone!!

Woohoo!!! So glad this is happening for so many. Enjoy the relief!!

[heygrey]

Feb 17, 2022 23:48:37 GMT -5 MrsDarcy said:

I know I haven’t participated in this thread and am just swooping in, but MY HUSBAND’s ALMOST 90K LOAN WAS FORGIVEN TODAY!!! OMG!!!!!!

Good luck everyone!!

That is amazing!! What a life changing event that must be for your family!

[ellipses84]

This is so amazing! I love hearing everyone’s forgiveness stories 🍾 Someone in the fb group had close to half a million forgiven 😳 I think that was for themselves and offspring.

I’m trying to be patient, although I feel like it’s going to be weirdly anticlimactic since it’s for the loans I was planning to focus on last and I’ve kind of ignored them, aside from being on autopay and automatically stopping payments during Covid. If I was currently paying them I’d definitely feel the difference in my monthly budget.

[bex1973]

Feb 17, 2022 23:48:37 GMT -5 MrsDarcy said:

I know I haven’t participated in this thread and am just swooping in, but MY HUSBAND’s ALMOST 90K LOAN WAS FORGIVEN TODAY!!! OMG!!!!!!

Good luck everyone!!

YAY!!!!!!!!! This is awesome! Congrats!!

[wildrice]

Feb 18, 2022 1:35:38 GMT -5 ellipses84 said:

This is so amazing! I love hearing everyone’s forgiveness stories 🍾 Someone in the fb group had close to half a million forgiven 😳 I think that was for themselves and offspring.

I’m trying to be patient, although I feel like it’s going to be weirdly anticlimactic since it’s for the loans I was planning to focus on last and I’ve kind of ignored them, aside from being on autopay and automatically stopping payments during Covid. If I was currently paying them I’d definitely feel the difference in my monthly budget.

It is kind of anticlimactic coming off of this forbearance period! Mine were forgiven last month and while I'm thrilled, I feel like I would have been even moreso if it impacted my current budget at all. Since I haven't paid in 2 years AND we are now focusing on paying off my H's loans as quickly as possible, it feels more theoretical than like an actual change. We are still sending 1k a month toward student loans... Not complaining about saving 43k myself though!

I love seeing that people here are continuing to get some progress - looking forward to the rest of you being forgiven soon!

[pumpkin]

Feb 17, 2022 23:48:37 GMT -5 MrsDarcy said:

I know I haven’t participated in this thread and am just swooping in, but MY HUSBAND’s ALMOST 90K LOAN WAS FORGIVEN TODAY!!! OMG!!!!!!

Good luck everyone!!

This is awesome!! Congrats!

[trissie18]

Feb 18, 2022 1:35:38 GMT -5 ellipses84 said:

This is so amazing! I love hearing everyone’s forgiveness stories 🍾 Someone in the fb group had close to half a million forgiven 😳 I think that was for themselves and offspring.

My brother currently has a quarter of a million in loans for his large animal veterinarian degrees. He doesn't have 10 years in yet but has always worked for state universities in the hope that one day he will be able to obtain forgiveness.

[ellipses84]

Feb 18, 2022 9:31:12 GMT -5 trissie18 said:

Feb 18, 2022 1:35:38 GMT -5 ellipses84 said:

This is so amazing! I love hearing everyone’s forgiveness stories 🍾 Someone in the fb group had close to half a million forgiven 😳 I think that was for themselves and offspring.

My brother currently has a quarter of a million in loans for his large animal veterinarian degrees. He doesn't have 10 years in yet but has always worked for state universities in the hope that one day he will be able to obtain forgiveness.

Is he in the program and regularly reporting employment? If not, he should do it now / before October so he can get grandfathered into the waiver for all his previous payments and make sure there’s no issues. The problem with the program is that a lot of people tried for forgiveness 5 or 10 years in and got denied on some technicality and were told they’d have to start the 10 year clock over again. It could impact his future payments but with that much in loans I think it’s worth it to make sure his time served will count.

[trissie18]

Feb 18, 2022 14:43:24 GMT -5 ellipses84 said:

Feb 18, 2022 9:31:12 GMT -5 trissie18 said:

My brother currently has a quarter of a million in loans for his large animal veterinarian degrees. He doesn't have 10 years in yet but has always worked for state universities in the hope that one day he will be able to obtain forgiveness.

Is he in the program and regularly reporting employment? If not, he should do it now / before October so he can get grandfathered into the waiver for all his previous payments and make sure there’s no issues. The problem with the program is that a lot of people tried for forgiveness 5 or 10 years in and got denied on some technicality and were told they’d have to start the 10 year clock over again. It could impact his future payments but with that much in loans I think it’s worth it to make sure his time served will count.

Haha I actually texted him this morning about this exact thing after reading this thread. He said he has already filed and has his employment verified annually. He is 5 years in so half way there.

[gretchenindisguise]

Mushe - any updates on your end?

I finally caved and called today and I'm really glad I did.

I have been getting so frustrated by people who applied way after me getting forgiveness - not frustrated that they were forgiven - I'm thrilled for them, but frustrated that mine seem to have been forgotten. So I called - less than 5 minute wait time because most people think they're closed today.

Turns out that my most recent ECF submitted 11/23, that has a corrected signature for my 8 year employer and will put me way over 120 payments was marked "as a duplicate" and glossed over. The woman I spoke with put it in for review, and said I should have results from that in 10-15 business days. I also asked if my account had already been sent to Dept of Ed for waiver review, and she said it had - so fingers crossed once this ECF is approved it all happens quickly.

Once again I'm feeling so annoyed but also cautiously hopeful.

[HoneySpider]

I submitted all of my employer forms a while back (1st one just over 2 months ago) and my account still says that they are not tracking my payments. I know it can take a while but I feel like I am doing something wrong? Do I just need to be patient?

[gretchenindisguise]

Feb 21, 2022 13:54:46 GMT -5 HoneySpider said:

I submitted all of my employer forms a while back (1st one just over 2 months ago) and my account still says that they are not tracking my payments. I know it can take a while but I feel like I am doing something wrong? Do I just need to be patient?

Based on what I can see on the FB page, they seem to be processing forms from December and people who apppied in November are part of the current forgiveness batch. I don't know exactly when it Dec.

If you want to call, today is a good day to do it with low wait times. My hunch is just to wait a few more weeks and you'll see movement of some sort.

[lucky3]

Feb 21, 2022 13:26:33 GMT -5 gretchenindisguise said:

Mushe - any updates on your end?

I finally caved and called today and I'm really glad I did.

I have been getting so frustrated by people who applied way after me getting forgiveness - not frustrated that they were forgiven - I'm thrilled for them, but frustrated that mine seem to have been forgotten. So I called - less than 5 minute wait time because most people think they're closed today.

Turns out that my most recent ECF submitted 11/23, that has a corrected signature for my 8 year employer and will put me way over 120 payments was marked "as a duplicate" and glossed over. The woman I spoke with put it in for review, and said I should have results from that in 10-15 business days. I also asked if my account had already been sent to Dept of Ed for waiver review, and she said it had - so fingers crossed once this ECF is approved it all happens quickly.

Once again I'm feeling so annoyed but also cautiously hopeful.

I am having similar feelings of frustration because I submitted everything October. Who did you call?

[HoneySpider]

Feb 21, 2022 14:08:53 GMT -5 gretchenindisguise said:

Feb 21, 2022 13:54:46 GMT -5 HoneySpider said:

I submitted all of my employer forms a while back (1st one just over 2 months ago) and my account still says that they are not tracking my payments. I know it can take a while but I feel like I am doing something wrong? Do I just need to be patient?

Based on what I can see on the FB page, they seem to be processing forms from December and people who apppied in November are part of the current forgiveness batch. I don't know exactly when it Dec.

If you want to call, today is a good day to do it with low wait times. My hunch is just to wait a few more weeks and you'll see movement of some sort.

Thank you! I need to join that FB group. I'm trying to be patient and trust the process but man it's hard lol.

[gretchenindisguise]

Feb 21, 2022 14:09:09 GMT -5 lucky3 said:

Feb 21, 2022 13:26:33 GMT -5 gretchenindisguise said:

Mushe - any updates on your end?

I finally caved and called today and I'm really glad I did.

I have been getting so frustrated by people who applied way after me getting forgiveness - not frustrated that they were forgiven - I'm thrilled for them, but frustrated that mine seem to have been forgotten. So I called - less than 5 minute wait time because most people think they're closed today.

Turns out that my most recent ECF submitted 11/23, that has a corrected signature for my 8 year employer and will put me way over 120 payments was marked "as a duplicate" and glossed over. The woman I spoke with put it in for review, and said I should have results from that in 10-15 business days. I also asked if my account had already been sent to Dept of Ed for waiver review, and she said it had - so fingers crossed once this ECF is approved it all happens quickly.

Once again I'm feeling so annoyed but also cautiously hopeful.

I am having similar feelings of frustration because I submitted everything October. Who did you call?

FedLoan at 855-265-4038 press 2 when prompted.

[gretchenindisguise]

Feb 21, 2022 14:10:12 GMT -5 HoneySpider said:

Feb 21, 2022 14:08:53 GMT -5 gretchenindisguise said:

Based on what I can see on the FB page, they seem to be processing forms from December and people who apppied in November are part of the current forgiveness batch. I don't know exactly when it Dec.

If you want to call, today is a good day to do it with low wait times. My hunch is just to wait a few more weeks and you'll see movement of some sort.

Thank you! I need to join that FB group. I'm trying to be patient and trust the process but man it's hard lol.

Super hard after all of the nonsense they've pulled on us for years. And for 99% of people it seems to be working as designed. I am, of course, part of the 1% who is still having issues because that's my luck.

[ellipses84]

Feb 21, 2022 13:54:46 GMT -5 HoneySpider said:

I submitted all of my employer forms a while back (1st one just over 2 months ago) and my account still says that they are not tracking my payments. I know it can take a while but I feel like I am doing something wrong? Do I just need to be patient?

My final paperwork was submitted in the first week of January and it said it could take up to 90 days (and I wouldn’t be surprised if it takes longer on my simple situation of the same job 2007-current, wrong payment plan). If you submitted in November or it’s been more than 90 days I would call, just to see if there’s any issues you could help resolve to speed up the process.

[HoneySpider]

Feb 21, 2022 14:12:13 GMT -5 gretchenindisguise said:

Feb 21, 2022 14:10:12 GMT -5 HoneySpider said:

Thank you! I need to join that FB group. I'm trying to be patient and trust the process but man it's hard lol.

Super hard after all of the nonsense they've pulled on us for years. And for 99% of people it seems to be working as designed. I am, of course, part of the 1% who is still having issues because that's my luck.

Fingers crossed it gets resolved for you soon, sounds like a positive update at least from your phone call

[HoneySpider]

Feb 21, 2022 14:16:07 GMT -5 ellipses84 said:

Feb 21, 2022 13:54:46 GMT -5 HoneySpider said:

I submitted all of my employer forms a while back (1st one just over 2 months ago) and my account still says that they are not tracking my payments. I know it can take a while but I feel like I am doing something wrong? Do I just need to be patient?

My final paperwork was submitted in the first week of January and it said it could take up to 90 days (and I wouldn’t be surprised if it takes longer on my simple situation of the same job 2007-current, wrong payment plan). If you submitted in November or it’s been more than 90 days I would call, just to see if there’s any issues you could help resolve to speed up the process.

Thanks, it hasn't quite been that long yet - I have 3 employers and I submitted 2 in Dec and one in Jan (they took forever to get the form back to me, ugh)

[HoneySpider]

I just gave them a quick call, she said they are currently 90-120 days behind on processing applications so mine haven't been looked at yet. I figured, but it also helps to know that I'm in good shape and just need to keep waiting.

[lucky3]

I also called and received a similar response. The woman I spoke to said my 90-120 days started 12/1, which at least gave me a frame of reference ( I submitted my paperwork in October) I’m crossing everything for all of us!

[bex1973]

Feb 21, 2022 14:10:12 GMT -5 HoneySpider said:

Feb 21, 2022 14:08:53 GMT -5 gretchenindisguise said:

Based on what I can see on the FB page, they seem to be processing forms from December and people who apppied in November are part of the current forgiveness batch. I don't know exactly when it Dec.

If you want to call, today is a good day to do it with low wait times. My hunch is just to wait a few more weeks and you'll see movement of some sort.

Thank you! I need to join that FB group. I'm trying to be patient and trust the process but man it's hard lol.

That FB group is ALOT to be honest. I don't think you'd gain anything from joining that we haven't already covered her - just my opinion!

Honestly it's just a test of patience which is SUPER hard. I submitted everything mid-Oct and was just forgiven a couple of weeks ago. I would classify mine as a very easy case - I have been consolidated since day 1 and only have 1 employer to certify. The only thing I had to do was submit my application and sit back and wait for them to transfer my loans from Mohela (which they took care of) and then just wait but it was still hard. It almost felt like it was too easy and I was waiting for someone to be all "nah, just kidding, not you" but logically I knew that wouldn't happen. So it's just a waiting game.

Now I wait and see if I get any sort of refund - in theory I should but I don't know. It's sounding like it's a couple of months for refunds to happen. I missed the window of logging in and seeing any sort of a negative balance so I have no idea. Of course I want one but I'm also just glad to be done paying!!!