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The Watercooler
paying off student loans early
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<blockquote data-quote="Nancy" data-source="post: 618411" data-attributes="member: 59"><p>Is the loan through FAFSA, U.S. Dept of Education? Our daughter has a loan thorugh them and we are actually paying it off for her so I am very familiar with this. If the loan is through the Dept Of Ed you can sign up online for statements and payments. Her payment is $150 a month and we are paying $300 a month. So every month the statement comes out with nothing owing and the next payment due May 1915. I ignore that and click on the "pay online" link. Then they ask what stamet I am payig and I just click on the next payment e.g. May 1915 and I enter the amount $300 insteda of what they say we owe. Does that make sense?</p><p></p><p>Let me know if you have any other questions that I can answer.</p></blockquote><p></p>
[QUOTE="Nancy, post: 618411, member: 59"] Is the loan through FAFSA, U.S. Dept of Education? Our daughter has a loan thorugh them and we are actually paying it off for her so I am very familiar with this. If the loan is through the Dept Of Ed you can sign up online for statements and payments. Her payment is $150 a month and we are paying $300 a month. So every month the statement comes out with nothing owing and the next payment due May 1915. I ignore that and click on the "pay online" link. Then they ask what stamet I am payig and I just click on the next payment e.g. May 1915 and I enter the amount $300 insteda of what they say we owe. Does that make sense? Let me know if you have any other questions that I can answer. [/QUOTE]
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The Watercooler
paying off student loans early
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