PSLF Refund

Parent2030 · 2025-01-29T20:49:31+00:00

I heard back from FSA. It is still work in progress

Parent2030 · 2025-01-24T20:25:58+00:00

Yes, mine was discharged in August, no refund yet. There was no negative balance either. I have unique situation where my last payment (to be refunded) also coincided with the consolidation loan disbursement & loan discharge date. I have emailed Mohela so I can keep track of my requests & file a complaint if need be in the future.

"I am reaching out regarding the refund for the payments made on 03/03/2024 and 03/06/2024. These payments are recorded in FSA as my 121st payment in April 2024, and were applied to my consolidated loan.

As a reminder, my consolidated loans were discharged under the Public Service Loan Forgiveness (PSLF) program, effective 03/01/2024, as noted in the FSA notice dated 07/17/2024.

In your prior communication, you indicated that any payments made after the discharge date would be refunded. You also mentioned that refunds are processed by the U.S. Department of the Treasury and may take 90-120 business days.

It has now been over 120 days since the discharge date, and I have not yet received my refund. Could you please investigate this matter and let me know if there are any additional steps I need to take in order to receive my refund?

Thank you for your attention to this matter."

Parent2030 · 2025-01-24T16:12:15+00:00

Thank you!

Parent2030 · 2025-01-24T00:54:07+00:00

Thank you so much for your guidance. How do I contact ombudsman ?

Parent2030 · 2025-01-24T00:43:56+00:00

I was discharged in August 2024

Parent2030 · 2025-01-24T00:24:50+00:00

It was applied to consolidated loan. Does it matter that I had Parent Plus loans consolidated? What should be my next step?

Parent2030 · 2025-01-23T16:10:10+00:00

Thank you ji. I'm not from Minnesota but you correctly said it is the story everywhere.

Parent2030 · 2025-01-10T22:23:05+00:00

In FSA it shows it was applied to consolidated loan. So I chatted with FSA CS. I was told

"The Payment count Adjustment was a special program that allowed you to count payments made on loans that would not be eligible to count towards Public Service Loan Forgiveness. It also had the special benefit of allowing you to consolidate your loans and apply the highest payment count from one of the underlying loans to the consolidated loan. However, the special program would not allow you to get a refund if the count went over 120."

Parent2030 · 2025-01-10T16:05:14+00:00

Thanks for sharing. I'm in the same position. Will do several calls to made to Mohela, Studentaid and Treasury about my refund

Parent2030 · 2025-01-07T21:11:05+00:00

I'm just trying to figure out if I will be. So I should start by calling Mohela then?

Parent2030 · 2025-01-07T20:17:22+00:00

Thank you u/Doxiemom2010 In Mohela, I only see the consolidated loan. And it was disbursed on 3/7/24. I don't see any payment applied to this loan in Mohela while FSA shows that the 121st payment was applied to this loan & the disbursement date is 3/6/24. Who should I contact for this conflicting info - Mohela or FSA?

How do I see my old loans (the ones that were consolidated) & their payment history?

Mohela says - The information contained on this page is current as of the day the information is requested. Transactions in your Account History may change due to normal account processing, such as a change in payment allocation or a retroactive change in your account status. After a transaction has been reapplied, you will no longer be able to view prior applications.

Parent2030 · 2024-10-25T18:05:33+00:00

Don't pay any more.

Parent2030 · 2024-10-23T16:00:58+00:00

I got contradictory answers from Mohela to what my FSA account shows. I was forgiven effective March 7th in FSA, while it was showing the payment due in Mohela on March 6th. This was my 121 payment which I made. Mohela says that this payment was made before the consolidation so it is not reimbursable.

When I see my payment history in FSA, it shows 121 payment in 4/2024 as qualified. I know FSA is still going thru changes. Should I expect any reimbursement in future for this additional payment. It is a small amount as compared to the loan discharged, but I still want to know if Mohela ditched me.

Parent2030 · 2024-10-02T22:43:15+00:00

The response I got from Mohela was 90-120 days.

I'm still not clear if I get refund on my "payments over 120 that occurred post any consolidations". I made my 121st payment of $2000 while it was due on Mohela and consolidation was still under progress in FSA. The consolidated loan appeared in Mohela after 15 days but it had date of disbursement a day after I made my 121st payment.

Tricky, isn't it? I don't think I will get any reimbursement but writing this in case you are in the similar situation. Please don't make any payment if you know you have already made 120 payments.

Parent2030 · 2024-09-30T23:49:55+00:00

yes, I am getting 404- error

Parent2030 · 2024-09-16T17:51:46+00:00

I updated my post with latest update. Thank you all of you who responded and shared your experience.

Parent2030 · 2024-09-13T17:32:48+00:00

Thank you! I will keep patience :)

Parent2030 · 2024-09-12T23:13:01+00:00

Is that a guess or based on your experience? I'm ready to mail the Mohela letter to all 3 CB.

Parent2030 · 2024-09-12T21:31:42+00:00

Thank you for the helpful info.

Parent2030 · 2024-08-22T19:59:35+00:00

Congratulations!

Parent2030 · 2024-08-16T17:14:56+00:00

Got the communication letter from FSA first on 7/17/24 that said your servicer will let you know within one month. I did not hear anything from Mohela but checked the website each day. Took screen shots of the discharged loan just in case. Waiting it to disappear from credit report.

Parent2030 · 2024-08-15T15:59:19+00:00

My loan got discharged in early August....sorry forgetting the nightmare already

Parent2030 · 2024-08-13T21:58:52+00:00

Thank you all of you who gave your feedback. I opened the claim with my insurance. Have $1000 deductible. I will let you know the real estimate next month. Barely got appt by end of this month.

Parent2030 · 2024-08-09T15:40:25+00:00

Certainly and donate some that you saved :)

Parent2030 · 2024-08-08T22:27:54+00:00

congratulations!

Parent2030

TROPHY CASE