I'm trying to be responsible and keep up with my student loans. I jumped on SAVE when it came out because…5%. The forbearance was cool–gave me some breathing room. Now I've heard the lawsuit is settled and we're just waiting for the knowledge to be disseminated. So, I'm watching Mohela to see when I will need to recertify. In the "Account Information" letter, it says like in two years from now. At studentaid.gov, it says May of this year.
Simple question: which do I believe?
Why does this have to be so hard?
byu/beboppinbossrockin inStudentLoans
Posted by beboppinbossrockin
2 Comments
I am also very interested in the answer to this question.
If you are on SAVE then those are placeholders. You cannot recertify for SAVE. What happens and when will depend on the department’s plan to transition borrowers.
It’s very possible that you will have to provide current income information as part of the transition.