Office Hours 06.26.24: Lower payments with SAVE now delayed, IDR Adjustment deadline remains

Office Hours is a semi-monthly virtual student loan clinic presented by the Maryland Center for Collegiate Financial Wellness. We answer your questions in this free, trusted venue to help you navigate student loans and prepare for financial success beyond repayment.
The content in this video is based on information available as of June 26, 2024. Hosted by ‪@tisasilvercanady‬
This edition covered topics including:
+ Finalizing Details for the IDR Adjustment Deadline
+ More About PSLF and Payment Counts
+ FAFSA Completion and Clarifying SAI
Disclaimer: Office Hours is presented by the Maryland Center for Collegiate Financial Wellness for informational purposes only. The information presented does not represent financial or legal advice. Borrowers are responsible for all decisions and outcomes related to their student loan repayment and/or cancellation experience. The borrower experience is evolving, more changes are expected and we will share them in future editions of Office Hours.
#Maryland #studentloans #studentloanforgiveness #IDRadjustment #consolidation #parentplus #PSLF #pslfcount #studentloandebt #cancelstudentdebt #FFELP #FFEL #officehours #mhec
Content
00:00 Welcome
01:11 Disclaimer
02:01 Updates: SAVE on hold, IDR Adjustment Deadline, and Events
09:52 I have three FFELP loans with zero qualifying payments and six loans with 119 payments, with my 120th payment due in July. Should I consolidate before the June 30 deadline?
13:40 Who do I contact since I am still seeing zero PSLF qualifying payments after consolidation?
16:45 I start my new job on July 1st. Can I still apply for PSLF now even though it is before my start date? When I try to fill the form out online, it doesn't allow me to enter a start date past today's date.
18:33 I am in the middle of getting my Master’s while working full time for a qualified PSLF employer, can I consolidate before 6/30 and those will be at 80 payments as well for PSLF?
25:06 My parents live outside the US and it lets me add a different country in but not a state, how should I proceed when my parents live in another country?
27:12 My SAI score is -1500. Will I get the max Pell grant or how will it work?
29:51 Do I need to contact the remaining colleges of ones I wish to not attend once accepted into one I like? Will I get fined?
32:19 Closing Remarks

[@meredith2277]

Thank you for sharing these updates!

[@themccfw]

Thank you!

[@TeamCanady]

Hello