Student Loan Planner

OCTOBER 3, 2023

Department of Education has facilitated three and a half years of paused payments and interest for federal student loan borrowers. As of October 1, 2023, more than 40 million student loan borrowers resumed their loan repayments.

Student loans 97

Student loans Facilitation Students Education 97

NCLC Student Loan Borrower Assistance

FEBRUARY 12, 2024

A number of student loan borrowers have reached out to NCLC in the last few months regarding issues with Public Service Loan Forgiveness (“PSLF”) and the one-time payment count adjustment. The account adjustment is helping millions of borrowers get closer to loan forgiveness, but the process is still ongoing.

Student loans 52

Student loans Application Students 52

NCLC Student Loan Borrower Assistance

APRIL 18, 2024

Is MOHELA still going to service my loans after the transition to the new BPOs? Do I still have to make payments on my loans during the processing pause? Any payments you make beyond the 120 qualifying payments should be refunded to you or applied to any other outstanding federal student loans you may have.

Student loans 111

Student loans Application Advising Access 111

NCLC Student Loan Borrower Assistance

JANUARY 16, 2024

And What Borrowers Can Do When Their Servicer Fails Them Federal student loan borrowers are entering their fourth month of repayment since the end of the payment pause in September 2023. million federal student loan borrowers during the first month of repayment. The largest fine, $7.2 million borrowers.

Student loans 52

Student loans Placement Application Administration 52

NCLC Student Loan Borrower Assistance

JUNE 28, 2023

On June 14, 2023, the Federal Trade Commission (FTC) announced that it settled a lawsuit against Arete Financial Group (Arete Financial) for operating an illegal student debt relief scheme and that it will send checks totalling $3.3 Don’t pay a company to help you settle your student loan debt or reduce your payments.

Student loans 52

Student loans Students Administration Administration 52

NCLC Student Loan Borrower Assistance

MARCH 12, 2024

The deadline for borrowers to update their income to stay in their income-driven repayment (IDR) plans has been extended again for borrowers whose loans were covered by the payment pause. The earliest that borrowers with these loan types will have to update their income and family size for their IDR plan is September 2024.

Student loans 52

Student loans Education Students 52

NCLC Student Loan Borrower Assistance

SEPTEMBER 15, 2023

Have problems with your loans? What’s next for student loan cancellation? Your Return to Repayment Checklist After nearly three years, the student loan payment pause officially ended on September 1st. Have problems with your loans? What’s next for student loan cancellation?

Student loans 52

Student loans Students Education 52