Contributor
dhon55
Posts: 88
Registered: ‎08-20-2012
Re: Teacher Loan Forgiveness

Thank you for your response -- good to know.  I'm fortunate enough that my student loans are from an in-state, public 4-year school and thus the balance will be just under 25k.  Since the repayment I will qualify for is 17,500, I may exceed that in 5 years of minimum payments.  You said they deposited it into your checking account, so could I keep the remaining balance in my personal checking account if it exceeds the balance of my student loans by then?  Just trying to figure out how it may work.

 

Thanks again for sharing your situation.


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