Office Hours 02.14.24: What happened to your IDR application and how long PSLF approval really takes

Описание: Office Hours is a semi-monthly virtual student loan clinic presented by the @themccfw Maryland Center for Collegiate Financial Wellness that provides borrowers with a free, trusted venue to help them navigate student loans and prepare for financial success beyond repayment. The IDR Adjustment deadline has been moved to April 30, 2024.

The content in this video is based on information available as of February 14, 2024.
This edition covered topics including:
How to resolve repayment plan discrepancies after you have applied for IDR
Employment verification for PSLF: Essential questions to ask for faster processing
Revisiting Qualifying PSLF repayment plans: How to know which plans are eligible and most affordable

Disclaimer: Office Hours is presented by the Maryland Center for Collegiate Financial Wellness for informational purposes only. The information presented does not represent financial or legal advice. Borrowers are responsible for all decisions and outcomes related to their student loan repayment and/or cancellation experience. The borrower experience is evolving, more changes are expected and we will share them in future editions of Office Hours.

#studentloans #Maryland #consolidation #parentplus #PSLF #PSLFwaiver #studentloanforgiveness #pslfcount #studentloandebt #cancelstudentdebt #FFELP #FFEL #IDRadjustment #officehours #mhec

Content
00:00 Welcome
01:33 Updates and Upcoming Events
05:40 I applied for IDR and was approved for a $0 payment. My servicer now says my payment is $169. Do I need to do something else?
07:59 I am waiting for Mohela to rollover a payment I made during an administrative forbearance. Will this affect my PSLF journey?
11:46 I received an email saying one of my employers expired. Should I call and ask for a direct email address? studentaid.gov says I only have a manual option. What should I do?
16:49 I am in a Standard Repayment Plan and I want to qualify for PSLF. Does this qualify for PSLF? Do I need to redo my IDR request?
19:11 I finally made my 120th payment! How long could it take before this wraps up? What does the next correspondence look like? Does it come from Fed or Mohela?
25:41 I applied for IDR and some were put in SAVE while others remain on the Extended Graduated Plan. Is this something to worry about? Will this impact my pending loan forgiveness?
28:29 I just consolidated. Am I waiting for correspondence from Mohela and do I disregard AidVantage/Navient? How long should I expect to wait to hear anything from Mohela?
35:42 I read an article about someone with $300k in student loans. How do I know if this good advice?
46:27 State Resources for Student Loan Borrowers
48:07 Closing Remarks