Mohela showing zero balance almost 6 years earlier than i thought they would be. 00 Loan Balance after 20 years! FAFSA showing accurate amount comments. Fed Loan Service reflected the same $0 balance. 00" for principal balance and payoff. AND it seems plausible that Mohela's system is being overhauled -- or the loans are temporarily removed for some other reason, etc. Mohela isn’t taking into account payments made before March 2020 for me. We paid off 3 loans just 2 days ago on the 29th, have 2 I checked with Equifax a week ago, and my student loans are still showing my full balances before they were forgiven. My question is will this be waived after the date of the first payment (so $0 dollars) passes? So theoretically, it would be like this August 31, 2023 -> loan balance at 100,000 September 31, 2023 -> loan balance at 101,000 Oct 1, 2023 -> zero dollar payment "posts" Oct 2, 2023 -> loan balance back to 100,000 Mohela shows accrued interest, but zero principal post 120 payments - question! Hello! Finally showing a zero principal balance as of today. Called Mohela and spoke to individual who said loans were forgiven and it would take some time until I received a letter in the mail. I had submitted for the reconsolidation from the non I just checked Mohela and I’m at zero balance. It was and is such a relief. Do I celebrate? If you submitted a PSLF Form then you'd be automatically transferred to MOHELA for servicing. Loan balance for consolidated loans was there until this morning. “MOHELA sent me a letter dated August 9, 2023 showing my loans fully forgiven under PSLF. I’ve been waiting for the letter, but haven’t received anything, so I jumped on FSA the other day and my loans were all down to $0. Everything is showing a zero balance and I’m only around 100 payments and don’t have enough qualifying employment to expect a discharge at this point. When I checked today, the loans show as follows 1-04, 1-07, 1-11, 1-15, and 1-20 total current balance of $0 My studentgov portal still hasn't been updated since 3/6/23 so hopefully with the next update that'll reflect a change. -Account Home (Loan Overview/Balance Overview): $0 for Current Principle, Accrued Interest as of 04/02/23, and Payoff Amount as of 04/02/23. All showing $0. Doing some math, my last credited period was Oct 2022. gov may show FedLoan as your servicer for several weeks after the transfer is complete 5. Others from around 2011. They are seeing their account at Nelnet as paid off because of the transfer. If your required payment is $0/month then all the monthly accruing interest gets waived. gov until yesterday. It didn’t show up on studentaid. I asked for it to be sent via secure message and she sent it electronically - so at least I have an official forgiveness letter from Mohela. I also got refunds. I have a fairly hefty student loan balance and when I logged into Mohela it showed ZERO balance. Same boat myself. However, her loan still shows up as an open installment account with the balance that was outstanding at the time of forgiveness on all 3 credit reports. You are just a click away from easy access. I would have assumed that MOHELA/MODPED would have stopped reporting by now. I went to Mohela's website and my loans now show a $0 balance. I checked on studentaid. Disputes take 30 days, might be I’ve been told by friends that they received a letter from FSA, just a couple weeks after they got their smiley face, telling them their loans were forgiven. I woke up today and was on a mission to get my finances in order and sort out my bills to all be on auto pay etc prior to going through an Army Training School (limited access to internet etc). 82 balance! Woohoo! Can’t wait to get official letter, but this is this is a good sign! I checked a few days ago and Mohela balance is now in the negatives. This happened in December, but it took a few weeks for Dept of Education website to update. My payment counts towards PSLF was gone - it was like all my info had vanished. :) It shows the "Loan information" date as of 7/7/2022 which is 3-4 months after I thought it would be once the forbearance periods were counted. I’ve thought about calling them to confirm, but I’m assuming I’d just be on hold for a long time and wouldn’t get a real answer anyway. Sent pay off letters and screen save of Mohela current balance at zero. I have been able to make an account with MOHELA (I’m assuming that means my loans are with them now?) but (1) all of my loans show a $0 balance on MOHELA and on NelNet? Why? On studentaid. My balance is now 0, and I’m hoping that means that my refund has been issues 🤞🏻🤞🏻 MOHELA had been showing my correct balances since September when they transferred from Fedloan. gov Today (9/14) my zero balance letter showed up in my Mohela inbox, dated for 9/7. Reply reply Logged into MOHELA after a frustrating call with two customer reps yesterday. $237,000 forgiven! INDIANAPOLIS — Some student loans are being forgiven because of a recent settlement with the loan servicer, Navient. You have successfully met the requirements of the Public Service Loan Forgiveness (PSLF) Program and all or a portion of your loans listed below have been forgiven. So I think maybe just based on the changes in how they are calculating payments in relation to the FPL % made it so my payment was $0. So, at the advice of Mohela I submitted another Consolidation Application. gov and there was a balance. I was at 116 months on one loan, 104 on another and the third was a FFEL loan. If your payment is low then some of the accruing monthly interest will be waived after your payment goes to a portion of it. From the Studentaid. You can’t receive credit for time in repayment if you don’t consolidate and submit your PSLF form by the timeframes explained I was prepared for MOHELA to withdraw my loan payment tomorrow based on a due date of 10/11 for $635 under SAVE. The CSR said it could take 30 days to update. studentaid. Shouldn't the payment counts be updated first? MOHELA is my loan servicer, I am 61 payments in to PSLF, and set up on the SAVE plan. Gov . several times and they keep coming back as the balance verified even though these loans were forgiven in August and the Mohela website shows the balance as zero Credit report showing open installment debt with 0 balance Anyway, she told me about the 10 biz day wait but also added the following info: the number of borrowers scheduled for loan discharge in the 1st wave (a little over 292,000); my paid in full letter is in my file and there is a $0 balance showing (but only on my “loan tab”); the exact date I reached my 25 year mark; that the paid in full Contact your servicer if you have a zero account balance and think this may have happened to you. No refund yet and because my payments were made to Fedloan and not mohela, there really isn’t a But Mohela has my payments at $0 until October 2024, which is definitely not an accurate payment amount based on my income. You may qualify for a $0. I was on the 11/9 D2D list and my account balance zeroed out on Mohela on 12/30, but until I see zeros on StudentAid. My account had remained in a very large negative Anyone else with MOHELA showing a $0 due balance since December? I received a billing statement on Dec. Therefore, I'm trying to figure out whether I should manually pay the "Current Amount Due" total, since the Auto Debit section implies that no automatic bank payment will be made. I logged on to the app and once again a big bold "$0. Since then I have not had anything come up as due for december's payment and I am concerned that it is not showing up. Had a different provider, tried transferring to FedLoans for PSLF, in the meantime Mohela took over. My tracker is gone and the whole loan amount and balance are not showing. Then select "Printable Account Information". My account balance is showing $0 but I have some serious trust issues with PSLF/MOHELA/DoE/etc. FSA is at $0 and has been since early January. Q&A. My loan summary says that my remaining loans are "paid in full by consolidation" and I KNOW it's because my consolidation and transfer to MOHELA must be underway, but I briefly freaked out thinking my forgiveness happened 13 payments early lol. 00" under balance at the top. They cant provide a single document where my balance was $12k yet I have sent numerous showing $8714 balance prior. I submitted my TPSLF in February of 22 to Fedloan. Controversial. On 11/4, I saw on my phone that my balance was $0. Thank you for your public service!” And my account is at $0. Point being, we dropped a huge lump sum the other day to MOHELA. We would like to show you a description here but the site won’t allow us. I worked so hard and was depressed to think I would never get out of this burden. I still haven't received any formal documentation though. As of November 7th, my loans show paid in full by consolidation. Top. ” Open up the message on the website, and got a happy face and zero balance. My account is showing $0. My account on FedLoan became $0 on 9/13/2022. If you had a Borrower Defense to Repayment application it could be that. My previous loan provider had my actual loan amount. gov, I'm reserving my excitement. Checked Mohela had the smiley face and account in good standing message. Explore information and ways to help your student successfully manage their student loan. UGH. I was in PSLF but not at 120 payments and still showing loan on FSA. Your payment count may not be accurate for several weeks 4. I logged in and was almost in shock that my account on Mohela has turned to $0. I was expecting to see my loans reapply to Mohela and counts to slowly return as I had read. My consolidation loan has gone through as of last week all accounts are showing paid on studentaid. Last month we contacted Mohela and they said it's forgiven. My account is with Mohela, which seems Balance on Mohela finally went from negative to zero this morning - Should I expect my refund soon? So my loans were forgiven back on 2/15 (with the forgiveness effective date going back to 9/2017). My account had the same payment count, but I'm sure they just didn't update it. The last time I checked the web site PSLF tracker, I was around 70/120. " My 3 unsubsidized loans were showing payment counts of 0 - whereas my subsidized loan payment counts were that My MOHELA has a zero balance and an updated date. Of course it's Saturday and I cannot get a hold of Mohela. You can’t receive credit for time in repayment if you don’t consolidate and submit your PSLF form by the timeframes explained Not yet. Then likely you might need to wait til the September IDR Adjustment completes to get your “count”. All of this shows on the Student Aid balance. 2k of accrued interest. Once the zeroes started showing up (zero balance, zero due, etc) upload worked. I applied for PSLF in March 2022. I had still been waiting for 5 years of paymentsfrom 2007 to 2012 to be applied to my account as well as the IDR waiver. Showing $0 on Mohela but still have my full balance showing on StudentAid. StudentAid. Tracker is at 88/120, still showing a balance. . I still have 76 payments left before my loans are forgiven. Balance cleared MOHELA on Monday and Tuesday I zeroed out on FSA. When I go to the loan detail, it confirms the principal is zero, and part of the payment is being applied to pay off the complete accrued interest, but the loan still shows a balance of the old accrued interest amount. The full balance is also still showing in my credit report. 2023. Your new consolidation loan isn't showing yet, but will appear soon. Interestingly, the payment count HASN'T been updated so I'm still at fewer than 120 payments. I'm so nervous and cannot fathom being done with these loans. I did not pay this or initiate any sort of payment nor was enrolled in auto-debit nor was I behind In all of the payments I have made (through myedaccount. How long after the zero balance did you receive the letter? How long until the loan balance was updated on your credit report? Mohela $0 to negative balance now they say no refund . Zero balance on MOHELA this Yesterday, I looked and I had the smiley and zero balance. I have been checking counts on mobile app every day since then and the counts never moved from 71/120. Why is MOHELA showing my balances as zero? I’m trying to do my monthly payment but it’s saying my amount due this month is zero?? Share Sort by: Best. Yet my account # is listed correctly. But! I just got out of med school and signed up for PSLF. This past weekend I got an I've had a zero balance on MOHELA and Dept of Ed since late December but have not received a forgiveness letter or any communication from MOHELA. Student Aid still has a balance. gov still shows a balance due As of 11/22, Moehla still shows $0 Balance with Zero active loans. Reply reply Mohela and Student Aid site say $0 balance . Obviously happy to see my smiley face/account in good standing and a $0 balance. Should have said that better, sorry. EDIT: the mohela site is different on your phone than it is on a computer. Hopefully this a good sign of things to come. On fed loan those ECFs were still showing as processing as of yesterday but today of course the loan balances are now 0 and the tracker is gone etc. She has had a $0 balance since May 2022. Your loan has a variable interest rate and the rate increases. FSA shows $0 balance. 00 but it also lists my Original Principal as $0. If you have FFEL Program loans or Perkins Loans and work in public service but have not consolidated your loans into a Direct Consolidation Loan, you must apply to consolidate your loans into a Direct Consolidation Loan by Oct. They have been at zero ever since I converted to mohela back in October. I assume that if your balance still is showing under your aidvantage account and the student aid . $0. Your old loans have been paid off by the consolation loan, and no longer show a balance in Mohela. Hi everyone. 00 Balance from Fedloan Servicing and Student Aid. She nearly had a heart attack at the $0 balance and it doesn't detail where it was withdrawn to. 00" data, able to upload PSLF documents 8/24/22 - Loan info shows up in MOHELA!! 8/25/22 - PSLF tracker showed up (with ECFs certified) Before, when it wasn't working, I had a MOHELA account, but there was no data. I got something from aidvantage as well and that site, MOHELA and student aid don’t show any balances at the moment. Has anybody seen their balance zero out on the Mohela website? I just looked today and and everything is zero it out and it says that my account is in good standing with a smiley face. Congratulations! It Check out our MOHELA App Manage your account on-the-go with the MOHELA App. They've even been closed on my credit report with a zero dollar balance. Reply reply Same here- payment count at 112 but negative balance and zero amount due every place I can check (including the automated account info on the phone). I'm going to assume they haven't been updated. Please retain a copy of this Form 1098-E for your records. " On mine, I noticed today that although my 'Current Principal' is showing a dollar Mohela Balance is 0? When you were transferred to Mohela and registered for an account, was there no information in your account including balance? Share Sort by: Best. Worked in public service since 2007. October 2022 loans showed up full balance $147k and 83 payments Mid December 2022 Loans showed 0 balance in My Student Aid. My Student Aid account says "Loan information as of 11/30/2022. Reply reply tulsuduke • 🥳🎆 amazing! Took about a week for studentaid. The consumer reporting agencies may take Some borrowers on online message boards have been sounding the alarm that MOHELA, one of the Education Department’s contracted loan servicers, has been “unforgiving” federal student loans that had My account finally transferred to Mohela after filling out my PLSF form in July 2022. At least it has changed. Is this just because Mohela hasn't updated the CRA's since June. I actually disputed mohela balance on all three credit agencies. We haven't received any written communication from Mohela though. MOHELA, the loan servicer for the PSLF program, has stated that payment counts for PSLF may temporarily show zero qualifying payments. Borrowers are reporting problems with how MOHELA is counting their eligible payments after consolidating their loans, including that their accounts are incorrectly showing I got a message from MOHELA titled “Payment Fulfillment. gov website FAQ: ". I got an alert today from credit karma saying my MOHELA account was closed. I'm full class, Ai los angeles, applied in 2019 with consolidated loans. 31, 2022. Most people seem to get rid of the negative balance fairly quickly. For me, it's showing up as $0 on Mohela and the studentaid. I consolidated in October with 147 qualifying payments on two loans (submitted ECFs in May), but one account only showed 78 payments (hence the consolidation). Open comment sort options Mine is currently showing zero as well, transferred over in early August. I was with NelNet, but transferred to to MOHELA. Says my account is in good balance but because of the status of my account I cannot see anything else, such as how much was my loan. I have more than 120 payments, just waiting for forgiveness. Does that mean I'm to expect a $1k check soon? Mohela has my balance at 0 but cannot tell me any info on refund or how many payments were made. I called Mohela yesterday to ask why it's still showing on FSA. " Consolidation and now 0 balance? Just what it says - I consolidated because I had very old loans from 2003/2004 that I thought may help get me closer to forgiveness. FSA had the higher balance and officially zeroed out today. $0 balance with all my Mohela loans. Advice I just logged into my nelnet account after getting that email. If you have questions about how your student loan interest paid amount may affect your taxes, please contact your The stipulations were that if borrowers working full time for qualified employers made 120 consecutive on-time federal student loan payments for the full monthly amount on the right repayment plan I didn't think my counts passed 120 (but were close) and never officially did anything on my end to apply for PSLF but was surprisingly zeroed out on Mohela mid-December with seemingly a lot of other happy borrowers. Looking at one of the emails it says our balance may show as zero through Mohela. Just got a letter from mohela stating paid in full. Unofficial User-Driven Venmo Subreddit. Thank you Jesus for this balance. gov is still showing balance. Why is there a zero balance and has anyone experienced this situation? SEISS Grant repayments balance / info not showing on my HMRC account anywhere? upvote I have a lot larger balance than you and my Mohela statement says $0 due at an unknown date. The official information regarding your account comes from MOHELA. Reply reply Odd_Decision_174 • I was forgiven at the beginning of the month. But I’m not trying to rock 2. Not on studentaid. gov still shows balance and I cannot access my mohela account for some strange reason. My Mohela account zeroed out about 2 weeks ago. but today the letter from EdDinancial came and they also say my As the subject says, Mohela (as of this week for the first time) shows a $0 balance on all loans. It lists one Stafford loan from 2009. I applied for consolidation Feb 15. Just curious if that's normal or if other folks who were On 12/13/22 I checked my MOHELA account because there has been buzzing on reddit about people from the D2D 11/9 group having $0 balances. Old. The principal on these loans now show zero, but the app shows I have an unpaid balance of about 2. People’s experiences with this seem inconsistent. 00 monthly payment. My MOHELA is still not showing my balance or my counts. After my loan count sat at 26 for nearly 6 weeks. I called MOHELA - waited about 20 min - rep confirmed my balance was erased 12/14/2022 and I would get a Smiley face and zero MOHELA balance!!! Finally zeroed out on MOHELA website as of 12/30/22!! Studentaid. It showed up on Mohela on 3 April. Mine was also zeroed out. The only loan that didn't get wiped for some reason was a the one Federal Perkins loan I had, which is serviced by some other company with a really shady fly-by-night sounding name. The 4th loan was forgiven last July. Ways to pay down your student loan balance Knowing your student loan balance can help you make a Seriously, I’ve never seen so many smiley-face emojis and screenshots showing a $0 loan balance. Waiting till Monday seems like such a long time away. You may have a ZERO balance for your FedLoan and Mohela account at the same time 3. I checked Studentaid. Last peculiarity -- Mohela lists my Current Principal as $0. gov is showing the status as of 11/30/2022. 3x DL STAFFORD UNSUBSIDIZED, 2x DL STUDENT PLUS Currently - on the website it's showing them in status "Repayment". Aidvantage shows a $0 Balance with a disbursement of the full balance and a refund listed in the payment history and studentaid. Studentaid. On the computer I would have to go to make a payment to see the $0. Hence the quotes. I never received a notice that I was being transferred to Mohela. I haven't celebrated because my balance was still showing on Studentaid. I checked studentaid and the info on my loans is also at $0 and there’s nothing about Mohela. Just checked my MOHELA account and it has a zero balance, no next repayment date or even origin amount. His Mohela account balance shows zero, smiley face and in good standing. With federal and private loans combined, total student loan debt in the United States has reached record highs of $1. Love reading these stories. I’m happy for these borrowers, who are public school teachers, government workers, military and Aidvantage holds my loans and aidvantage still shows my loan balance while MOHELA shows 0 balance. Loans won't show as discharged right away because we are seeing one week or two week old information. Was there student loan forgiveness or cancellation? Did someone else pay off my debt for me? Was 2. My "Current Amount Due" and "Total Amount Due" values on the Account Summary page are both above $0, yet the "Payment Amount" part of the Auto Debit section reads $0. 10th with my bill being $207 (which is what it was in Nov & Dec on the IDR plan), but nothing has shown as due on the payment page of the MOHELA portal this entire time. My account finally transferred from Mohela to Aidvantage today and I was able to sign in. FYI: You can try to set up an account on the Mohela website. Smiley faces and no balance with Mohela today, of course I’m afraid to believe it! I do still have a balance at studentaid. If I show a zero balance on Mohela, rather than a negative balance, does that mean no refund? But happy to see the smiley face and the $0 balance right I just checked my Mohela account. Good luck everyone! Check out our MOHELA App Manage your account on-the-go with the MOHELA App. Studentaid changed to $0 the next day. " Balance $0, MOHELA showing interest owed = forgiven!!!! So, it's been longer than 45 days and I realize it's not a huge deal, but was just wondering if anyone else has stayed negative for long. I currently have a zero balance at FedLoan, aidvantage and FSA (studentaid. Transferred to Mohela in August 2022 September 2022 loans officially showed up. (This is the Friday after the 10/31 deadline. Is it possible her past employer has it or it was moved? She did not recieve any checks in the mail. My balance was over a $150,000. It takes your loan holder 7 Welcome to r/BorrowerDefense! If you feel that you were scammed by your college, trade school, or training program, you should consider filing for a federal program called Borrower Defense to Repayment (BDTR) that could help you get the federal student loans associated with your scam school DISCHARGED (and maybe even get a refund). gov websites in April before the pause. Also my application on the site went from “Pending Been in extended repayment plan since about 2007. They are ripping people off They couldn't even look at my MOHELA acct balances from 2-3 months ago to verify the pricier balances that were the same as what transferred from FedLoan years prior. I am still employed in a government job and should have payments credited for the current COVID period to Aug. I was explaining a different way- the loans will be forgiven by MOHELA, not Nelnet. Mohela got my loans 2 years ago from Navient. Parent Tips. About two weeks ago (~9/1/2022), it started showing a negative balance of about $5,600, approximately equal to 30 payments. Log in and select "Tools & Requests" from the sidebar navigation. However, a zero-dollar balance in your account doesn't necessarily mean your debt is included. The other two are in process. Balance $0, MOHELA showing interest owed = forgiven!!!! One morning just before the New Year, I woke up and finally it was gone showing a Zero balance. My old EdFinancial account also has a zero balance and a paid in full and transferred notice. r/venmo. I have most of my loans serviced by Mohela, and since i went to Corinthian I just had them finally discharged yesterday. It isn't showing zero, the information is just no longer posted. Today when I checked Mohela it is showing a $0 balance on principle (so no more 35k staring at me from the abyss) BUT it is still showing the loan as being in "repayment" and an "interest accrued" balance of $503. Congratulations on yours! Both sites say that I have a $0 balance as of 2017. 75 trillion. Now that I've been on mohela for a little over a month, it still does not have my loan amount, just says 0 has anyone experienced I received a letter from Mohela dated Jan 1 that said "We determined you have successfully met the requirements of the PSLF Program and your loans listed below have been forgiven" - so about 2-3 weeks after I saw the zero balance on Mohela. I have paid the interest for October and November 2023. gov website, but realized that it's probably only showing up as $0 due to a recent So I went to check my student loan balance and to set up a payment only to find that my outstanding balance was $0. Mine showed a $0 balance on studentaid for 7 business days after consolidation because that balance reflected the old servicer's balance after consolidation. If you’re at 120 or more you’re just waiting to be forgiven. That's a lot of money to owe! While all student loan borrowers contribute to this number, your current The PSLF Program allows you to receive forgiveness of the remaining balance of your Direct Loans after you have made the equivalent of 120 qualifying monthly payments under an accepted repayment plan while working full-time for an VOYA balance showing as 0, says total balance was withdrawn months ago even though account owner did NOT withdraw. VENMO has ONE STAR on Trust Pilot and no accountability if they lose your money Mohela states my account is zero for payment yet when I look into the bill interest has accrued since October 2023. Just checked my account as I’ve done daily for several months. Retired from teaching on 2/1/20, Payments from 1/09 until retirement have not been updated on MOHELA. gov, is that what typically happens? Ya’ll 😱 Updating as I got a “yes that’s normal” reply, you guys are the best. I reached the $0. I just got transferred to Mohela and my PLSF tracker is not showing the 98 payments I had of FedLoan or currently on FSA website. I was always with Mohela and I received the smiley face today. Over 43 million Americans alone are affected by student loan debt and continue paying off their student loans long after college. Once your loans are forgiven with MOHELA about 7 days later you’ll see the zero balance on Student Aid website. gov either. These are details I saw in my account last WEEK, however, when I logged in this morning all of that info is gone and it now says my next payment amount is $0 without a due date. It tells me my account is in good standing and have the message of "Due to the status of your account, limited information may be available on our website. However, my studentaid page on the government site is still showing my balances 2 months later. I signed into MOHELA through my browser and it shows 0. This can be really confusing for borrowers who were told they needed to consolidate their loans in order to be eligible for PSLF or to maximize their eligibility for PSLF. 3/15/22 Filed first PSLF certification Form Reply reply Mohela is still showing my loans- so I’m cautiously optimistic since it seems to be backwards of what most people have Reply reply 9/7 the balance went to zero at Mohela and 9/13 is zeroed out at studentaid. Hoping this is good news! So interest absolutely still accrues, but what happens to that accrued interest depends on your required payment under SAVE. My balance increased end of April then officially forgiven through mohela on May 1. Now it says $0 balance. It took about 90 business days from submission of final ECF until now showing the zero principal balance. I tried to sign in this morning and received this message. So go figure. I’m confused because my studentaid. I just had the same experience this evening. But is only showing a $0 balance on both MOHELA and student aid. I consolidated in March and before that had approx 74-81 eligible payments. Best. Initially had full student loan balance on Mohela which then became $0. PSLF Forgiven Loan Nelnet Provider showing $0 balance Just a heads up that I am a class member and I finally see my Nelnet balance at $0!!! Keep in mind that on the StudentAid website it still shows a balance but the information says "Loan information as of 02/28/2023" so it probably wasn't updated there yet. MOHELA will report your loan as "Paid in Full" to the consumer reporting agencies at the end of the month that your loan reflects a zero balance. If you had a MOHELA balance showing $0 . Both MOHELA and Studentaid say my accounts are open and I have a principle balance on each site for the same amount. I consolidated in 2016. We more than qualify for PSLF and have submitted all paperwork prior to the waiver deadline, but Mohela initially denied because the employer (of 15 years) signature was a few days before the loans were converted to Mohela. I was one of the lucky ones that got their SL forgiven, and my Mohela account online shows $0 balance/good standing. I logged onto Mohela and saw my account balance and followed the link to complete my PSLF application through FSA. Also says my loans are in forbearance until 11/29/23. This is a mess. With TransUnion, they show as paid off. I got an actual billing statement from Mohela saying that my monthly payment of $0 is due on 10/1 . *Nobody on the mod team is employed by Venmo* Members Online. So it makes sense to me. I checked again tonight after seeing this post. Logged into MOHELA and the balance shows $0. Should not be showing $0 as loan amount. 00 balance on MOHELA. gov and Aidvantage. We're just waiting on the new guys to put it into their system. My loans were transferred from Aidvantage to Mohela 1/20, two days after, Mohela balances are all zero with a happy face with was there prior, and says "your account is in good standing. I have 23 qualifying payments showing up on Mohela, but it’s only counting payments made from March 2020 on. Im a fairly patient person (have learned to be over the past 10 years rebuilding from a BK), but this is getting ridiculous. Reply My balance is showing zero with Fedloan and there is no payment history or documents whatsoever. The rep indicated that refunds would be processed within 10 business days. MOHELA auto-debit showing So if Mohela is its final destination, you likely need to wait til it fully shows up there first. 00 with the due date as “no due date”. My PSLF application shows processed in August on the MOHELA website but looks like the loans have not transferred over yet from aidvantage. gov it shows my correct balance and that the loans are now serviced by MOHELA On Mohela my "Balance Overview" says 0 on the Current Principal. Once Mohela updated the info, the huge balance is back on studentaid with Mohela as the servicer. Once the remaining loan is transferred to the new Mohela platform it will show a balance until its discharged. ) The next day, it went back up to its original balance. Chatted with studentaid and explained, they said that I would have to contact MOHELA. Strange, I transferred to Mohela in Sept from Fedloan and received a "Paid in Full" letter today from Mohela. It also will not let me access loan information that I previously had access to. 00 balance. Reply reply Seeking input from others that may have experienced similar back and forth. Per usual, blowhard alh9h is super confident in his/her convictions but totally wrong in his/her take on things. Update: i finally called them and my loans were forgiven. Learn More by trying the Repayment Plan Evaluator. -MOHELA Finally Acknowledging I'm Over 120 Payments: February 2023 -MOHELA Submitting Payments to DOE for Approval: Late March 2023 -MOHELA Email/Website Showing All Loans Paid: Today (late April 2023) Over the phone last week they told me a/o September 2023 when all was said and done, so this caught me by surprise. It seems like your loans may indeed be forgiven, given the $0 balances showing up on Students. Hi, I haven't gotten any official letters but both the Dept of Education site and Fedloan say that I have a $0 balance. gov may show Ok, no they don’t. ANGR1ST • Is it showing $0 total balance, or $0 due? FYI - I spoke with a Mohela rep this morning regarding my account (as it is now showing a negative balance). Had zero balances upon transfer for a few weeks. It helps to think of consolidation not as combining loans, but as taking out a huge new loan to pay off all the old ones. Got confirmation that loans were transferring in September from my old provider to Mohela. Since they are gone, their tracker is also gone. 00. 00 -- almost as if my account never even existed. com), the initiated payments were of the type "EDPay". never thought I would see $0 balance on my account. 🤷‍♀️ there would be penalties for late payment even though the website literally would not let me make a payment since the balance on the website was showing zero. Im afraid since PSLF went thru now BD wont have payment info to cut a refund check However, my loans are still showing on the government and MOHELA websites. She also said my forgiveness letter from Mohela was mailed out on Jan 2nd. But he recently got an email to make his EdFinancial account. gov, we'll send a separate notification for the interest paid after the transition. Not sure what that means, since I only was counting the "consecutive months" but I wanted to share as a potential data point. It was $32k yesterday. I called Nelnet and they confirmed that they don’t have my loans anymore. I consolidated my federal loans in preparation for applying for PSLF and Mohela finally has them. As of today Student Aid also shows a 0 balance. I submitted my final ECF on 12/2/22 and it was processed and my payment counts updated on 3/14/23. I called MOHELA and was told they received discharge approval from FSA yesterday, 4/25. Reply reply Same boat here. It's definitely a pattern on this Last week, I logged into my account and saw I had a smiley face, account in good standing and $0 balance. Hi friends, Congrats to anyone who's actually been forgiven. create one) and see a statement showing zero balance. The Federal Student Aid site says it was last updated end of September. gov to update and show $0 loan balance. It is at $0. Just waiting on the letter/email I logged on to MOHELA as I usually do to check and no smiley face but there is showing a "$0. The transaction details Mohela says my account balance is zero . Already have Experian updated to Paid, Closed never later status. 00 a month I think. They have no idea what to tell me and unless it is about PSLF it is incredibly hard to speak to someone. Everything was going smoothly and I made a payment over $200 last month (due 11/19, paid/posted 11/1). On my phone (not on the app) there is a balance overview section where I see where my current balance and In the same boat, BUT - My PSLF counts are at zero. gov account now show zero also. But this poster was seeing a “paid in full” or $0 balance at their old servicer and trying to figure out if they were forgiven. Was able to make a Mohela account, old account is zeroed out, Mohela account says $0 and is in good standing, loans still on studentaid. New. I went to over 160 qualifying payments about 2 weeks ago. Previously I had 75 payments on my PSLF tracker but the PSLF tracker was gone. My Federal Student Aid account still has my total loan amount and now sends me to MOHELA rather than EdFinancial. Today, I was able to create an account with Mohela and it also shows a zero balance and "in good standing. What does this mean? 8/13/22 MOHELA populates with "$0. I’ve estimated about MOHELA will report your loan as "Paid in Full" to the consumer reporting agencies at the end of the month that your loan reflects a zero balance. PSLF waiver paperwork sent in by 10/31/22. March 8, 2023: Checked Mohela, and as stated above my balance was zero! Called Mohela to find out if that meant I was forgiven, even though my tracker never updated, the ineligible payments were still labeled ineligible, my ECF forms since 2/8/23 were still showed as "Processing. It’s now showing -$8,598. But how come EdFinancial and StudentAid. So instead of -$20k it went down to -$19k. Mine shows canceled also in the application status and I also have a payment count of ONE although I've been in PSLF almost 8 years BEFORE this limited waiver and been in public service for 15 years and in repayment since 2009 but mohela shows 1 qualifying payment If you're a federal loan borrower, you may be eligible for Public Service Loan Forgiveness (PSLF). Thank you Jesus. not forgiven yet she was at 83 with another 7 recent ones and the 10 old ones needing certification so sitting at 100 total. It still shows my full balance though on all the credit reports. gov updates at the most weekly on the Sunday or Monday I believe. My balance on Mohela on Sept first was about 115k, today my balance is $12,543. gov to learn about PSLF and other programs – such as Temporary Expanded Public Service Loan Forgiveness (TEPSLF), which for a limited time may give you credit for past periods of repayment (while you were My Mohela account says I’m in good standing with a smiley face and balance is zero. I confirmed with a CSR that they were indeed confirmed for Mohela hasn't updated the CRA's since June. "Has anyone from the 11/9 D2D cohort seen both Mohela and Student Aid zeroed out yet? Update: Just saw my account page on MOHELA has been updated with a new account number and additional details but still showing $0 balance. Congratulations! My account is also showing a $0 balance as of this morning but no smiley face or official letter, which I believe come later. I also have a pending payment going through so I wondered if $0 balance on my FedLoan, and a $0 balance at studentaid. Add a Comment. gov. $170K in loans now showing $0 balances. It makes sense - consolidated in 2004 and have worked for the federal government the entire My mohela converted to a negative way before fedloan shower a 0, and I did get a letter in the mail from mohela confirming that my loan had been fully forgiven. My negative balance got $1k subtracted yesterday which is weird. My wife’s student loans were forgiven last year through the PSLF program. I am confused because when I click "Loan Details" it says "Due to the status of your account, limited information may be available on our website. 7/20/22 Finally Received $0. Good luck to you. 00 due and Total Current Balance due is $0. Ignore those messages. I received my Congratulations! letter from MOHELA out of the blue today showing my $1450,000 in loans have been forgiven. I believe I only have about 112 qualifying payments so I don't think it's been forgiven but it sure is weird. Is this just some error, or did I get forgiveness? I need some clarification as my payment counts are still showing as $0 under the consolidated loan. Open comment sort options. Before the pandemic it was like $44. MOHELA is warning borrowers of the problem. Reply You can also verify and print your loan balance information online. gov) for the last week. My loans in the consolidation application were Paid-Off via consolidation on Sept 17th. Data Point Good morning!!! I just checked my account on FSA, and I have a zero balance. The pslf tracking is gone. Negative balance, no smiley face and I can still see my tracker. And there’s nothing there. My original loan amount under the "Original Principal" does however show my original loan amount. You've changed If your federal student loan balance mysteriously dropped to a $0 balance, it might seem like a dream come true. gov but I'm still showing balances - but it says it was last updated 11/30/2022. That menu item only showed up for me AFTER my loans went from zero-balance to their accurate balances, today. I was in complete shock. Has this happened to anyone? UPDATE: Studentaid showing a $0 balance today, 8 days after MOHELA. Uh Nelnet is showing I have a zero balance . Do direct dispute with Mohela and if they still do not update to $0 balance then sue both Equifax & Mohela I consolidated my Navient loans. It's been 2 weeks/10 business days. You may not be able to login to either FedLoan or MOHELA for a time 6. I know it will stay on the report, I just meant will reflect a zero balance. I consolidated and recertified in early April. So I'm an April 12 golden email recipient. No messages from Mohela or FSA. Is this just something I already knew through consolidation? My Mohela and FSA site all say 0 balance. Mohela has never shown the consolidated balance but showed "0 balance" and "in good standing" with the happy face since about a week ago. I had 75 payments credited toward forgiveness and needed 45 more. Same! I consolidated one month ago, loans went to aidvantage ( and are supposed to eventually end up at MOHELA). gov shows a $0 balance for the first time. But Studentaid says my servicer is MOHELA I have tried to talk to MOHELA, they have me on hold and have transferred me twice. Any idea what this means? I've heard stories of Mohela showing one inaccurate thing while their system is merely updating. When you click to pay, it gives you the option to pay the amount due "$0 Yup, MOHELA confirmed my $200k balance was forgiven on 12/13 and the MOHELA site updated on 12/14. " I'm wondering if this is limbo and they will all populate balances, or is this indicating forgiveness? Is there any way to know? I checked Mohela, and of course the payment counts are wrong. If your MOHELA account transitioned to our new loan servicing system at mohela. However, now my FSA balance is showing as $0, making it impossible for me to submit my PSLF application. My application was submitted electronically Sept 16, 2022. Reply reply More replies. Website states that my forms were received 10/29 and that they are processing. I know I should have like 36 payments or so left but it shows $0 and a smiley face. Was on 30 year extended plan, but switched to IBR to qualify for TPSLF. The Department of Education website still shows the entire balance. while the discharged loans remain on the legacy site showing a negative balance. gov with No Due Date. Contact our public service specialists or go to StudentAid. gov still shows a balance and no letter yet from MOHELA confirming, which does not surprise me. gov My balance is mohela is showing 0 all of a sudden and I can’t login to ed financial Reply reply fourthepeople • Yeah same. I was at 120 months on the Mohela and studentaid. You have all the info they Created a logon for Aidvantage and now Mohela has 0 active loans. I have not received the 2nd letter that I was told to expect, saying the loans have been discharged. It still Unpaid interest is capitalized – added to your unpaid principal balance – causing the interest to accrue on a higher balance, making your payments higher. I received a letter on Oct 7 ish from MOHELA showing 139/120 payments with no dates for payoff. It finally came off after 30 days of me disputing it. zlhu mfue qvr rmztw aoqndw hyvhbm jldiy tzuuwg sds elfhd