Income-Driven Repayment Archives

VIN Foundation | Supporting veterinarians to cultivate a healthy animal community | prevet resources veterinary student resources veterinarian resources | Nonprofit free veterinary resources | Blog | Student Loan FAQs: The one-time forgiveness count adjustment

Student Loan FAQs: The one-time forgiveness count adjustment

Leave a Comment / Veterinary Questions & Answers, Veterinary Student Debt, Veterinary Student Debt Relief, Veterinary Student Loans / By Tony Bartels, DVM, MBA

What is the one-time forgiveness count adjustment? The one-time forgiveness count adjustment for federally-held student loans is a lesser-known, more confusing, yet more widely available special benefit announced in April 2022. Anyone with federally-held student loans is eligible to receive the adjustment. Essentially, the adjustment will count any repayment time, and certain deferment or forbearance …

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Pandemic forbearance payments are eligible for a refund

Leave a Comment / Veterinary Student Debt, Veterinary Student Debt Relief, Veterinary Student Loans / By VIN Foundation

Should you request a refund before the benefits end? The student loan pandemic forbearance benefits started on March 13, 2020. Interest and payments were suspended and the forbearance time counts towards forgiveness. Another provision in the Coronavirus Aid, Relief, and Economic Security (CARES) Act allows borrowers who made payments during the forbearance period to request …

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A ‘new’ income-driven repayment plan?

4 Comments / Veterinary Student Debt, Veterinary Student Debt Relief, Veterinary Student Loans / By Tony Bartels, DVM, MBA

Federal student debt proposal would change REPAYE, phase out PAYE Buried in a sea of federal student loan announcements and changes over the last few years was the promise of a new income-driven repayment plan. Now we know how parts of that promise will be implemented when the pandemic forbearance benefits end this summer. The …

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Special Cancellation of Up to $20,000 of Student Debt. Are You Eligible?

1 Comment / Veterinary Student Debt, Veterinary Student Debt Relief, Veterinary Student Loans / By Tony Bartels, DVM, MBA

On August 24th, 2022, the White House announced the news of a special one-time cancellation of up to $20,000 of federally held student loan debt. The amount of debt cancellation will depend on your income and whether you received a Pell Grant in college.

VIN Foundation | veterinary resources | Blog | Class of 2020, 2021, 2022 Student Loan Renewal Note

Class of 2020, 2021, 2022 Income-Driven Repayment Renewal Note

Leave a Comment / Veterinary Student Debt, Veterinary Student Debt Relief, Veterinary Student Loans / By Tony Bartels, DVM, MBA

Attention 2020, 2021, and 2022 veterinary graduates with student loans! You have some special homework to maximize all of the recently announced benefits. If you have federal student loans and you graduated into the pandemic forbearance period, here are the things your graduating classes need to know and perhaps DO soon to ensure you take …

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Got Federal Student Debt? You’re Now Closer to Forgiveness Than You Think

8 Comments / Veterinary School, Veterinary Student Debt, Veterinary Student Debt Relief, Veterinary Student Loans, Veterinary Students / By Tony Bartels, DVM, MBA

Don’t miss out on this special one-time forgiveness count adjustment opportunity. There is a natural temptation to tune out all of the complex rules and regulations around federal student loans and repayment. With confusing repayment plan qualifications and ever-changing, time-limited expansions for existing borrowers, no one would blame you for ignoring the latest and greatest …

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VIN Foundation Student Loan Repayment Simulator Adds Crucial Proposed Changes

Leave a Comment / Press Releases, Veterinary Student Debt, Veterinary Student Debt Relief, Veterinary Student Loans, VIN Foundation News / By VIN Foundation

New features and resources help veterinary colleagues navigate significant changes in student loan repayment options The VIN Foundation announces multiple updates to the critically acclaimed Student Loan Repayment Simulator. The VIN Foundation is a 501(c)(3) nonprofit, providing tools and resources to support pre-veterinary students, veterinary students, and veterinarians throughout their careers. Listen to the recent …

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Common Student Loan Consolidation Questions and Answers

3 Comments / Veterinary Student Debt, Veterinary Student Debt Relief, Veterinary Student Loans / By Tony Bartels, DVM, MBA

Common questions and concerns around the most recent student loan announcements

Comments to the Department of Education on proposed IDR changes

1 Comment / Veterinary Student Debt, Veterinary Student Debt Relief, Veterinary Student Loans / By Tony Bartels, DVM, MBA

Changes are coming to income-driven repayment: Updates to REPAYE, PAYE and ICR phased out Below is a the comment I plan to submit to the Department of Education on the proposed changes to income-driven repayment. I encourage you to review the changes that we have detailed here. Consider how the propsed changes will impact your …

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Increase in Federal Poverty Rates for 2023: Why that matters for your student loans

Leave a Comment / Veterinary School, Veterinary Student Debt, Veterinary Student Loans, Veterinary Students / By Tony Bartels, DVM, MBA

Each year in January, the U.S. Department of Health and Human Services (HHS) updates the federal poverty guidelines used to determine financial eligibility for certain programs. The federal student loan income-driven repayment plans are impacted by these updates.Income-driven repayment can be extremely beneficial for veterinarians. Especially for new grads who start their careers with a …

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