$type=slider$meta=0$readmore=0$snippet=0$count=5$show=home

Student Loan Forgiveness: Don’t Be Caught Off Guard When Application Goes Live in October — How To Prepare

INDONESIAKININEWS.COM -  The Biden administration’s federal student loan forgiveness program, unveiled to great fanfare in August, has run i...


INDONESIAKININEWS.COM - 
The Biden administration’s federal student loan forgiveness program, unveiled to great fanfare in August, has run into some bumps getting up and running — including multiple lawsuits that aim to either alter the program or shut it down.

A couple of those lawsuits have already been thrown out, and many experts believe the others will be as well. But they have caused uncertainty over when borrowers will be allowed to apply for loan forgiveness.

Fortune recently reported that forgiveness will be pushed back until at least Oct. 17 because of one lawsuit from six state attorneys general alleging that President Joe Biden is overstepping his executive powers. But other media reports — including one last week from CNBC — say the application process could go live any day now.

Regardless of when the process begins, federal student loan borrowers should be prepared to move quickly when the U.S. Department of Education releases the application form.

Your first order of business should be to check whether you qualify for forgiveness in the first place, and then determine the amount. Most federal student loans are eligible, including:
  • Undergraduate and graduate direct loans
  • Parent PLUS and grad PLUS loans and consolidation loans
  • Federal Family Education Loan program loans
You should also compile records of your loans and contact your loan servicer to answer any questions. Once that’s done, the Education Department’s Federal Student Aid website offers these tips to get ready for the application:
  • If you don’t already have one, create a StudentAid.gov account to help you manage your loans.
  • Log in to your account at StudentAid.gov and make sure your contact info is current. The Education Department will send you updates by both email and text message, so make sure to sign up to receive text alerts.
  • Make sure your loan servicer has your most current contact information so it can reach you. If you don’t know who your servicer is, you can log in to StudentAid.gov and see your servicer(s) in your account dashboard.
  • To be notified when the process has officially opened, sign up at the Department of Education subscription page.
Source: gibankingrates


Name

Berita,23255,H,151,HUMOR,7,Internasional,947,Kesehatan,29,Nasional,22328,News,1358,OPINI,81,Seleb,3,Tekno,1,
ltr
item
IndonesiaKiniNews.com: Student Loan Forgiveness: Don’t Be Caught Off Guard When Application Goes Live in October — How To Prepare
Student Loan Forgiveness: Don’t Be Caught Off Guard When Application Goes Live in October — How To Prepare
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhcG--j5G4VNwktrwiWWKUikDHsEuYzq9eBHG7WB-iCrDRUIv3aCqSjOC8zeulHnJAwPXvlTujgduGA4wEH0f9bWLUfH-f_8m3hPDyr1qVcZeUK8fWlJgu5Sow2sWoo52xhlBgZLMqKWKRXuVnh3M7vIIfS8ZlmEskciRzb0_pfQjN4F2qwsrDXlOblsQ/w640-h360/iStock-675937844-2.jpg
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhcG--j5G4VNwktrwiWWKUikDHsEuYzq9eBHG7WB-iCrDRUIv3aCqSjOC8zeulHnJAwPXvlTujgduGA4wEH0f9bWLUfH-f_8m3hPDyr1qVcZeUK8fWlJgu5Sow2sWoo52xhlBgZLMqKWKRXuVnh3M7vIIfS8ZlmEskciRzb0_pfQjN4F2qwsrDXlOblsQ/s72-w640-c-h360/iStock-675937844-2.jpg
IndonesiaKiniNews.com
https://www.indonesiakininews.com/2022/10/student-loan-forgiveness-dont-be-caught.html
https://www.indonesiakininews.com/
https://www.indonesiakininews.com/
https://www.indonesiakininews.com/2022/10/student-loan-forgiveness-dont-be-caught.html
true
1493314966655697463
UTF-8
Loaded All Posts Not found any posts VIEW ALL Selengkapnya Balas Cancel reply Hapus Oleh Beranda Halaman Postingan View All RECOMMENDED FOR YOU LABEL ARCHIVE CARI ALL POSTS Not found any post match with your request KEMBALI KE BERANDA Minggu Senin Selasa Rabu Kamis Jum'at Sabtu Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy