Borrowers who paid down their debt during a pandemic freeze that started in March 2020 can in fact get a refund — and then apply for forgiveness – but the process for doing that hasn’t always been clear.
and find the “my loan servicers” section. If you can’t access your dashboard, you can call the Federal Student Aid office at 1-800-433-3243 to ask for loan servicer information.Borrowers who want a specific amount refunded can apply by calling their loan service provider. Right now, refunds are only being done via phone and not through any website or email.
Tibbs applied for a refund after seeing a video online informing her that she could get back money she paid during the pandemic. But because of the uncertainty, she is planning to save that money until the Department of Education confirms her debt has been canceled.When is the deadline to apply? is December 31, 2023. However, Welbeck recommends that you apply for a refund before you apply for debt forgiveness.
Say you had $15,000 worth of debt remaining at the beginning of the payment freeze and have since paid $8,000, but qualify for $10,000 in debt relief. You might decide to ask for a refund of just $3,000. Then, your debt balance will be exactly $10,000, and you can apply for maximum loan forgiveness.Borrowers should expect to receive their refund six to 12 weeks after requesting it, according to the Department of Education. But you might want to double-check with your loan servicer.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
How to get a student loan refund if you paid during pandemicBorrowers who paid down their debt during a pandemic freeze that started in March 2020 can get a refund and then apply for forgiveness, but the process hasn’t always been clear.
Consulte Mais informação »
Paid your student loans during the pandemic? Here's how to get a refundBorrowers who paid down their debt during a pandemic freeze that started in March 2020 can in fact get a refund — and then apply for forgiveness.
Consulte Mais informação »
Russia Reportedly Used Social Media Bots to Derail Women's MarchRussian accounts posing as a Black women posted things like, “Aint got time for your white feminist bullshit,” according to a new report by the New York Times.
Consulte Mais informação »
Thousands gather in Harrisburg for Pa. ‘March for Life’Busloads of people from all over the state gathered on Monday morning for the state's first 'March for Life' since the overturning of the landmark Roe v. Wade decision.
Consulte Mais informação »
March to Protest Proposed Plea Deal in NJ Murder CaseFriends and family marched from Columbia High School to Maplewood’s town hall in protest of the prison sentence of the man accused of killing a local soccer star. Adam Harding reports.
Consulte Mais informação »
How Russian trolls helped keep the Women’s March out of lockstepTo trace the Russian intrusions over the months that followed that first Women’s March is to witness a persistent effort to make all of them worse. (via nytimes)
Consulte Mais informação »