Graduated in December 2023, but federal student loan servicer still lists my loan status as "in school" and that repayments will not begin until December 2025?

hungariantoast
Fri, 19 Jul 2024 01:14:25 +0000

Screenshot for clarity

My understanding was that after I graduated, I would have a six-month grace period, during which no loan payments would be due.

At some point during that six-month grace period, my university should have notified "the feds" or my loan servicer that I graduated, so they could appropriately adjust my loan status and start date of repayments.

Well, we are seven, almost eight months post-graduation, and my loan repayments are still not due until December 2025.

I'm still looking for a job, so if I can continue to put off repayment, that would be great.

Of course, if my loan status finally updates, and the servicer realizes I was supposed to start repayment in July 2024, but didn't, then that would not be great.

What do?

Literally this evening I intended to just go ahead and sign up for the SAVE plan, so I wouldn't have any payments until I got a job, even if my loan servicer woke up and realized their mistake. Unfortunately, republicans hate America, so that plan is looking dead in the water. I might go ahead and try to sign up anyways. Maybe I will continue to get lucky.

Comments URL: https://tildes.net/~finance/1hp0/graduated_in_december_2023_but_federal_student_loan_servicer_still_lists_my_loan_status_as_in

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