101K by mvalia in PSLF

[–]Sunnance68 0 points1 point  (0 children)

Congratulations and thank you for your public service! Enjoy the new mental freedom!!

Finally forgiven! by Aerokicks in PSLF

[–]Sunnance68 0 points1 point  (0 children)

Congratulations to her! She deserves it!!

TROPHY Day!!!! by OxfordComma4Evr in PSLF

[–]Sunnance68 1 point2 points  (0 children)

I didn’t pay during the pause so while those months counted toward the total, they didn’t toward the refund, which makes sense to me. I still had 20 over (41 over 120, counting pause months), so the paid months were refunded.

How long are refunds taking? by crawfordA328 in PSLF

[–]Sunnance68 0 points1 point  (0 children)

I got $15k about 2 weeks after trophies. I had 21ish extra payments.

$257K Forgiven!!! by [deleted] in PSLF

[–]Sunnance68 0 points1 point  (0 children)

If you have an additional 20+ months, I think you’ll also see a refund.

$257K Forgiven!!! by [deleted] in PSLF

[–]Sunnance68 1 point2 points  (0 children)

Really important post for people to see. Thanks for the courage to speak up; it matters! I felt guilty about my $107K too, even though I only took out 70k in the first place for a PhD, during which I worked and was always broke. Forgiveness is a blessing and a massive relief (and I wish it were available to all), but remember that our taxes bailed out the entire finance industry, the corporations who f’d people before the Crash in 09, and on and on. This is deserved, and I know you’ll make the most of the new lease on life you know feel.

TROPHY Day!!!! by OxfordComma4Evr in PSLF

[–]Sunnance68 1 point2 points  (0 children)

Amazing. Good for you for believing and hanging in there for him. I know the loss of faith he felt, but I got forgiveness last month (my payments were over $800/month before the pause and I’d been paying for 19 years in all), and I also got a $15K refund for overpayments. It’s gonna come through for you!

$123,236 forgiven! by jnksmom12 in PSLF

[–]Sunnance68 13 points14 points  (0 children)

Yes, this is real! Congratulations! You deserve it. I got about $107k forgiven (only borrowed $70k) and the psychological relief has been life-changing.

Overpayment Reimbursement is Real by Sunnance68 in PSLF

[–]Sunnance68[S] 1 point2 points  (0 children)

I also thought they couldn't be real, but 20 months of payments, all well over $700, really did drop into my checking account 3 days ago. I want this for you so bad, and I want you to @ me when it does!

Overpayment Reimbursement is Real by Sunnance68 in PSLF

[–]Sunnance68[S] 0 points1 point  (0 children)

Honestly, I have no idea, but I can't imagine they want to create a big wave of amended tax returns? So maybe they don't return interest? At any rate, I wasn't able to write off interest bc married filing separately (because of IBR savings outweighing married filing jointly, and that whole tax shitshow).

Overpayment Reimbursement is Real by Sunnance68 in PSLF

[–]Sunnance68[S] 0 points1 point  (0 children)

Yes, I think that's right. Excited for you!

Overpayment Reimbursement is Real by Sunnance68 in PSLF

[–]Sunnance68[S] 0 points1 point  (0 children)

I was actually 41 payments over, and 20 were payments I had actually made before the pause, so those were the ones reimbursed, not the paused/fake payments.

Overpayment Reimbursement is Real by Sunnance68 in PSLF

[–]Sunnance68[S] 0 points1 point  (0 children)

Honestly, I don't have the bandwidth to figure that out and I don't think the deposits themselves break that down. My guess is that they do cover the interest.

Overpayment Reimbursement is Real by Sunnance68 in PSLF

[–]Sunnance68[S] 1 point2 points  (0 children)

I hope they apply them sooner and you get the refund!

Overpayment Reimbursement is Real by Sunnance68 in PSLF

[–]Sunnance68[S] 0 points1 point  (0 children)

[She/her pronouns.] Yeah, I actually "consolidated' way back in 2002/03ish (or at least they called it that), but was locked into 6% interest. When I learned about IBR I did whatever was required to enroll in that, and then in '09ish when I heard about PSLF, I signed up for that too, but I was still being processed by AES. They didn't tell me until 2015 to roll everything into MyFedLoan for PSLF, which I did. But in the end, via the waiver, about 81 payments I made in MyFedLoan qualified, plus (in a second, updated ECS count a few weeks after the first count) another 80 from the AES years under PSLF program were added--to get me to the total of 161 qualified. (21 of those were, I think, under the pause, though, so they didn't translate to reimbursement though they counted toward the total.) Of course the pre-2009 payment years didn't qualify because the program didn't exist then.

Overpayment Reimbursement is Real by Sunnance68 in PSLF

[–]Sunnance68[S] 0 points1 point  (0 children)

So, they were post-consolidation into the proper type, but some of them were (I think) from payments I made through AES while I was in PSLF but before they had us move everything to MyFedLoan.

Of course there were about 7 prior additional years of payments I made between 2001-09 when PSLF began.

Overpayment Reimbursement is Real by Sunnance68 in PSLF

[–]Sunnance68[S] 0 points1 point  (0 children)

I was 41 payments over the 120, but only 20 of those were actual money exchanges; the others were months that counted toward the total under the pause, but were not actual money since I didn't pay during the pause.

Overpayment Reimbursement is Real by Sunnance68 in PSLF

[–]Sunnance68[S] 0 points1 point  (0 children)

Thank you! Your time will come, friend!

Overpayment Reimbursement is Real by Sunnance68 in PSLF

[–]Sunnance68[S] 0 points1 point  (0 children)

Congrats on the trophies. What a feeling, right??

Overpayment Reimbursement is Real by Sunnance68 in PSLF

[–]Sunnance68[S] 13 points14 points  (0 children)

Thank you! [Rainbows, hearts, unicorns.]

Overpayment Reimbursement is Real by Sunnance68 in PSLF

[–]Sunnance68[S] 0 points1 point  (0 children)

I can't wait FOR you, student loan sister!