Financial Friday | Student Loan Cancellation Update
Happy Friday! By now I am sure you know that you qualify in $10,000 in Federal Loan Debt and $20,000 Cancellation.
Below, I am listing a few important Deadlines and Important Links that you will need to prepare. Take 5 min to place these Dates In Your Calendar
👀Start Looking For the Application in early October to begin submitting your forgiveness applications.
November 15th– Apply by this deadline, to ensure that you your relieved amount is applied to your balance. So your payments are on the lesser amount.
December 31st– Pause on Student Loans Expire and you are expecting to begin Paying your student loan debt.
Jan 1st- Student Loan Payments are due! Applications Will Be Available Here You can use this link to receive Notifications on when the Applications are available Here
🤮🤮What’s most annoying about Student Loans is how the interest is calculated. It is expressed as APR (Annual Percentage Rate) when you actually pay interest on your Student Loans…Daily!
Therefore, extending the time for you to eliminate the debt!
💰👀 🙏Thankfully, you can write off up to $2,500 in Student Loan interest annually.
Click Here for a Petition that I signed to increase the Tax Credit for the interest paid on Student Loans.
As always if you have more questions about the following, click the links below
Thankfully,
Shani Curry