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Vahakyla
May 3, 2013

Fozzy The Bear posted:

Payments I made while student loans were frozen will be automatically refunded? Or is that a separate form to fill out?

You call your loan company and ask.

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Vahakyla
May 3, 2013

Senerio posted:

PSLF form Question:

I work as a civilian for the army, but the EIN doesn't give an address for the Army. Should I use the address of the base I work at or a different address?



If you are uniformed or GS, it's this.
For taxes and PSLF and like purposes:



If you are a non-appropriated fund employee, it's this:

Vahakyla fucked around with this message at 23:30 on Oct 19, 2022

Vahakyla
May 3, 2013
I’m gonna wager the pause lasts past that if we don’t get the relief.

Vahakyla
May 3, 2013
So what is the best solution for me. My loan payments start soon as we all know. It’s all just sub and unsub federal loans I took while in ROTC to augment my GI Bill so I didn’t have to work. The interest is of course mega low from Covid times, and the payment isn’t huge. As an officer, I can easily afford it, and I’m very privileged for that. But should I do PSLF? Or is there some other option I’m overlooking?

It’s about 20,000$ sharp so sucks that Biden didn’t manage to do it, would’ve been all gone.

Vahakyla
May 3, 2013

ummel posted:

Have you tried the calculator on studentaid.gov? It will show you how long to pay off the loans using their standard plans, and also show you how quickly you'd get forgiven under PSLF. With a balance that low plus high income and low interest, you might pay it off before PSLF kicks in, but the calculator will give you exact payoff dates.

I have to say I felt a bit silly, I didn't know such calculator existed and I follow this topic closely. It was quite helpful. It also showed a bigger payment initially but I remember then to change my income as some 40 percent of it is untaxable. Yeah, for me, seems like the best deal is to just pay it off right away. The high income and the low interest, which only averages 3.9 between sub and unsub, means it just ends up never getting nowhere near PSLF.

Goddamn I'm privileged. Still, feels selfish to hope for some sort of loan forgiveness, but I was really wanting it.

Also, now I checked Nelnet and Studentaid.gov and both say my payment is zero because I'm still in school. I'm not. Should I do something?

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Vahakyla
May 3, 2013
When is the next timeline of news for Pell grant borrowers? Is the White House still attempting to do more targeted proposals?

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