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Post by texasleaguer on May 1, 2018 12:52:02 GMT -6
yes, send it to your lender. They're the ones that will approve or send it back to you. When they approve it they send it to the Feds. Then the feds contact you saying it's being paid. I know another coach that didn't ever hear back from Feds but logged in to her lender page and it said balance $0.00. So that may happen too.
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Post by bigern809 on May 1, 2018 12:52:38 GMT -6
Fk, that'd be badarse lol
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Post by jmstreeter on May 1, 2018 19:57:55 GMT -6
The whole thing sucks arse!!!! Since I teach/coach(volunteer) in Okie ville you don't make much and if you want to make a dent in the amount you owe you would have to make your payments as much as you would pay for a car payment. You can get on the income base repayment plan, but that sucks too because you will just be paying mostly for the interest and very little goes toward the principal balance. The whole thing is total bullshat!!!
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Post by bigern809 on May 2, 2018 8:20:59 GMT -6
Have any of y'all applied for this? Working on it now, since all the schools I've been at are Title 1. Just looking for some guidance. Kinda flying blind here. mrs stud did this....she had to jump through a number of hoops to get it all accomplished....they will do everything they can to try to keep you from getting it....just be persistent and document everything....stud remembers they tried to renege (and he's not talking about a shift change at mcdonalds, its ok stud is black) on one of the deals...luckily the wife had an earlier e-mail that cleared things up....she had to get letters from every principal she ever worked for stating that it was a title one school and she taught math and or science.... That's what I'm working on now. Just waiting on one more school to send me back the signed document then I can send it all off.
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Post by Burnet44 on May 2, 2018 13:38:39 GMT -6
If the government is here to help you are bhitched And not in a good way Good luck.
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Post by Burnet44 on May 3, 2018 10:36:43 GMT -6
One of the greatest gifts you can give your kids is a debt free education I know everyone is different and has their own circumstances We were lucky to get ours out debt free I know everyone can’t do that and college prices have skyrocketed to nose bleed levels Ours worked and helped out and know the value of being debt free We took life insurance and sold property of our parents and put it away for the girls to go to school on. There are many ways to fund kids college this way just happened to work for us Cost us about 150k to get them out in 3 yrs Another key is dual credit which saved us 2 years of paying for college The girls did their part by working and taking 18 hrs plus to get finished as fast as possible This worked for us. I hope all who have debt get out ASAP It’s a killer financially on buying power and future retirement Best of luck to all.
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