Hello all,

    May I please request help interpreting backdoor data from studentaid.gov on my qualifying payment count?

    a few questions:

    1. If i'm reading this right, i have no qualifying payments if i switch to new IBR, but if i switch to ICR i have 274 qualifying payments?

    2. Is that "274" qualifying payment count unreliable given that "earliestEstimatedForgivenessDate" shows "2035-11-25?"

    3. Does this mean I should switch to ICR?

    Thanks in advance for your help.

        "type": "ICR",
        "borrowerEligibleIndicator": "Y",
        "loanEligibleIndicator": "Y",
        "qualifyingPaymentCount": 274,
        "eligiblePaymentCount": null,
        "forgivenessRequiredPayments": 300,
        "forgivenessRemainingPayments": 26
      },
      {
        "type": "IBR",
        "borrowerEligibleIndicator": "Y",
        "loanEligibleIndicator": "Y",
        "qualifyingPaymentCount": 0,
        "eligiblePaymentCount": null,
        "forgivenessRequiredPayments": 300,
        "forgivenessRemainingPayments": 300
      },
      {
        "type": "IBR_2014",
        "borrowerEligibleIndicator": "N",
        "loanEligibleIndicator": "N",
        "qualifyingPaymentCount": 275,
        "eligiblePaymentCount": null,
        "forgivenessRequiredPayments": 240,
        "forgivenessRemainingPayments": 0
      },
      {
        "type": "SAVE",
        "borrowerEligibleIndicator": "U",
        "loanEligibleIndicator": "U",
        "qualifyingPaymentCount": 275,
        "eligiblePaymentCount": null,
        "forgivenessRequiredPayments": 300,
        "forgivenessRemainingPayments": 25
      },
      {
        "type": "PAYE",
        "borrowerEligibleIndicator": "N",
        "loanEligibleIndicator": "N",
        "qualifyingPaymentCount": 274,
        "eligiblePaymentCount": null,
        "forgivenessRequiredPayments": 240,
        "forgivenessRemainingPayments": 0
      },
      {
        "type": "PSLF",
        "borrowerEligibleIndicator": "Y",
        "loanEligibleIndicator": "Y",
        "qualifyingPaymentCount": 0,
        "eligiblePaymentCount": 275,
        "forgivenessRequiredPayments": 120,
        "forgivenessRemainingPayments": 120
      },
      {
        "type": "TEPSLF",
        "borrowerEligibleIndicator": "Y",
        "loanEligibleIndicator": "Y",
        "qualifyingPaymentCount": 0,
        "eligiblePaymentCount": 275,
        "forgivenessRequiredPayments": 120,
        "forgivenessRemainingPayments": 120
      }
    ],
    "earliestEstimatedForgivenessDate": "2035-11-25",
    "saveDiscretionaryIncomePercentage": 10,
    "saveSixtyMonthIndicator": null
    

    Request: help interpreting qualifying payment count from backdoor data
    byu/Boring-Tie-1501 inStudentLoans



    Posted by Boring-Tie-1501

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