2020, through Dec. 31, 2022) and your current loan balance is below the amount of debt relief you’ll receive, after you successfully apply for and receive debt relief under the administration's debt relief plan, we’ll automatically refund the amount you paid during the payment pause (only...
A blog about student loans from The Law Office of Adam S. Minsky. Student loan news, repayment plan information, and more.
taking a little extra in student loan debt now would be preferable to potentially having credit card debt. If you end up not needing the money, you have 120 days to refund the amount not needed back to the government and you are not...
If you have a federal student loan that doesn't qualify for the Fresh Start program, you can choose loan consolidation to replace your non-eligible loans with a new Direct Loan. This will get your loans out of default if you agree to get on an income-dr...
to help you figure out if you’re eligible. Even if you think that you might not qualify for the deduction, it’s worth checking. The student loan interest deduction could potentially save you hundreds of dollars on your tax obligation by lowering your tax bill or boosting your tax refund....
We sold our house to pay my student loan of $26000. What is my recourse to get a refund when student loans are forgiven? 9 Reply Robert Farrington 2 years ago Reply to charles murphy There is likely little recourse. The forgiveness is based on your outstanding loan balance, which ...
Electronic Deposits: Deposit your salary, tax refund and student loan instantly, instead of waiting for a check in the mail and going to the bank to deposit it. Online & Mobile Banking: Pay bills, track your purchases, transfer money, send or receive money and deposit checks without having ...
You'll find a wide variety of student loan interest rates depending on whether you're applying for federal or private loans. The lowest federal loan rate, 6.53 percent, is available to undergraduate students for the 2024-25 school year. Unsubsidized and Direct Plus loan rates for graduate stud...
Payments made via wage garnishment, which is when an employer is required to withhold some of your wages and send them as direct payments to the loan holder, or by Treasury offset –which is when the government seizes part or all of your federal income tax refund – ...
8. Unpaid Refund Discharge Have you been in a situation where your school failed to complete your request for a tuition refund? You may qualify for the federal government's partial refund loan discharge if so. The government will excuse the amount you're owed in a refund from your student ...