Emily_Reed

My husband and I have looked at this quite a bit. This is how we understand it at this point and unfortunately it wont work for us, but maybe some of you? The 10 years starts when you do the direct loan consolidation. You have to be working fulltime for 10 years. For us, most of our loans are set to a ten year plan anyway, so by the time we reach that we would have to have paid them. Pretty much the only way to find this program useful is if you are in IBR (icome based repayment) or have loans that stretch out over longer periods of time than 10 years. Look at the options to strech out loans carefully because some of then leave you not eligable for the public service forgiveness. We do have loans in IBR but over time we plan to make more money, hopefully! And so we would end up having to pay the ones that are in IBR anyway, if that makes sense. Just like while im recevcing the NELRP money my IBR loans come into repayment because its counted as income. So really it is not as helpful as I was hoping but I bet there are some that it will be helpful for. Good luck.

Got the second signature!!! Sweet relief :)

Thanks for the encouragement! Hoping others hear something soon as well!!!

Still waiting for the second signature. Sept 30th is the last day right? Cutting it close :/

I feel your pain! Waiting and checking and waiting, ugh. Hope we hear soon.

Still waiting for that second signature... Congrats to all who have gotten theirs!! Must be coming soon, right? I hope? Who else is waiting with me???

I got my email too!!! Was about to lose it! Bank info came up and signed it. Waiting for the second signature. I'm an RN, any RNs have second signatures yet? Sorry if you have already said so. I've been off the trhead for a while.

Does your online app say under review? I would think you would be one of the first to hear?

I'm an RN. Wow, 200% and nothing? So confusing!

Hi, i've been following the this thread and am starting to panic seeing everyone getting emails. I have not gotten any emails from them at all. Have you all gotten any emails from them updating you at any time??? I cant seem to get any information out of the customer service line. I'm not understanding how they are doing this as i've seen people with less ratio than me already received an email about being awarded. So confused! ANy insight into how this is working. This would be huge for our family and we are so anxious to hear! Ratio 123% tier 1.