Hi!
I'm currently at 88 months. I'm also on SAVE and have been for a while. I am also on a cancer deferment (I've been fighting pancreatic cancer for the last three years) and paying $0/month on that deferment.
I know that SAVE months are no longer counted towards my payments. I plan to switch to another plan to have my months begin counting again.
However, I will also soon be reaching the 10-year mark at my current employer (PSLF eligible), and I know that, at that point, I can ask about the "buyback" option for the months that didn't count on SAVE.
Since I've been on a cancer deferment for just about all of that time, will I be able to "buyback" those months at $0/month?
Thank you in advance.
Zev
Posted by ZevSteinhardt
1 Comment
If a month’s status was SAVE forbearance then that is eligible for buyback. If your status was cancer treatment deferment then that counts with no buyback necessary as long as you certify employment for those months. You either had one status or the other, not both.
You should certify all of your eligible employment up until now to see what your tracker says for each month.