Mohela showing zero balance. I checked Studentaid.

Mohela showing zero balance I checked to see if my account was in transition at mohela. My PSLF application shows processed in August on the MOHELA website but looks like the loans have not transferred over yet from aidvantage. Initially had full student loan balance on Mohela which then became $0. Then you will wait while your count shows 0 and they apply the IDR waiver to return your previous higher count. gov may show FedLoan as your servicer for several weeks after the transfer is complete 6. 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). As the subject says, Mohela (as of this week for the first time) shows a $0 balance on all loans. " Rep verified my $21K remaining loans were forgiven and that my effective date EDIT: the mohela site is different on your phone than it is on a computer. 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. Not complaining • The principal on these loans now show zero, but the app shows I have an unpaid balance of about 2. gov website, but realized that it's probably only showing up as $0 due to a recent consolidation application 😭😭😭😭. Smiley faces and no balance with Mohela today, of course I’m afraid to believe it! I do still have a balance at studentaid. Aidvantage holds my loans and aidvantage still shows my loan balance while MOHELA shows 0 balance. My balance on Mohela is zero but studentaid. It looks like my loans “MOHELA sent me a letter dated August 9, 2023 showing my loans fully forgiven under PSLF. I was expecting to see my loans reapply to Mohela and counts to slowly return as I had read. At least it has changed. I was always with Mohela and I received the smiley face today. I am so happy. How long it takes to get to Mohela I don’t know, still waiting for PSLF info to show up and Ive been with Mohela 30+ days I have a lot larger balance than you and my Mohela statement says $0 due at an unknown date. 00 current due ,$0 past due, it’s blank for next payment Others from around 2011. I was showing a zero balance on Mohela. 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 this before? Uh Nelnet is showing I have a zero balance . I checked again tonight after seeing this post. I was one of the lucky ones that got their SL forgiven, and my Mohela account online shows $0 balance/good standing. :) 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. My account is with Mohela, which I'm UPDATE 4/6 7:30am - Smiley face on Mohela! Update: 12:15pm on hold RIGHT NOW w MOHELA. m. I currently have a zero balance at FedLoan, aidvantage and FSA (studentaid. You may have a ZERO balance for your FedLoan and Mohela account at the same time 3. Tonight it shows $0. I’m so confused! Mohela states my account is zero for payment yet when I look into the bill interest has accrued since October 2023. gov, my balance shows as $0 and all loans are paid in full. UPDATE: Studentaid showing a $0 balance today, 8 days after MOHELA. Not sure what that means, since I only was counting the "consecutive months" but I wanted to share as a potential data point. 63; but today when I went to bite the bullet and schedule the payments, it says $0. Wife’s account got letter about mohela transfer a couple weeks ago saying transfer on or about aug 4. Im afraid since PSLF went thru now BD wont have payment info to cut a refund check Reply reply • Yes! I’ve been with mohela since 2012, though- so the big transfer wasn’t much of a transfer. On my phone (not on the app) there is a balance overview section where I see where my current balance and principal balance are both $0. Doing some math, my last credited period was Oct 2022. gov still shows balance and I cannot access my mohela account for some strange reason. gov may show Created a logon for Aidvantage and now Mohela has 0 active loans. VOYA balance showing as 0, says total balance was withdrawn months ago even though account owner did NOT withdraw. I have more than 120 payments, just waiting for forgiveness. It was $32k yesterday. Studentaid changed to $0 the next day. As of the first, the loans show transferred, paid in full on Aidvantage with a $0 balance. I was prepared for MOHELA to withdraw my loan payment tomorrow based on a due date of 10/11 for $635 under SAVE. I haven't received the golden email yet, though I'm probably right around 120 payments. "Has anyone from the 11/9 D2D cohort seen both Mohela and Student Aid zeroed out yet? Seeking input from others that may have experienced similar back and forth. . Once the Servicer makes your payment with the 0 payment, that intrrest will disappear. 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 Also Same! I consolidated one month ago, loans went to aidvantage ( and are supposed to eventually end up at MOHELA). gov it shows my correct balance and that the loans are now serviced by MOHELA (2) there was no action taken on my “completed electronic IDR plan request” application to NelNet (on studentaid. I am in the same boat as you, my Mohela account was 0. It is our hope to be a wealth of knowledge for people wanting to educate themselves, find support, and discover ways to help a friend or loved one who may be a victim of a scam. gov but I'm still showing balances - but it says it was last updated 11/30/2022. gov website FAQ: ". My tracker is gone and the whole loan amount and balance are not showing. Capitalized interest increases both the principal balance and total loan cost. They will be sending refund requests to the Treasury department who will process them. The consumer reporting agencies may take 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 Interest accrues daily on student loans and Unpaid Interest may be capitalized (added to the principal balance) as permitted by law and your loan agreement. I am still employed in a I logged on to MOHELA as I usually do to check and no smiley face but there is showing a "$0. My balance is mohela is showing 0 all of a sudden and I can’t login to ed financial Reply reply Are you still able to log in to your Mohela account, and if so does it show that you can make a payment there or a $0 balance? Reply reply More replies. So instead of 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. Hoping this is good news! Information and advice about Public Service Loan Forgiveness, a forgiveness program for US federal student loans. Chatted with studentaid and explained, they said that I would have to contact MOHELA. Once arrived, your tracker will show "0' or some single digits. It still shows my full balance though on all the credit reports. gov shows the lown as still having a balance. I eventually looked on studentaid. They cant provide a single document where my balance was $12k yet I have sent numerous showing $8714 balance prior. She said my balance is showing $0. I’m confused because my studentaid. But it seems real? I have waited for this moment for a long time!!! Is this the typical work flow from Mohela?! I recently moved all my loans to Mohela it took about 2/2. This past weekend I got an 2. I have been waiting 4 months and Mohela has not updated the 3 credit bureaus. A couple weeks later, I accessed my credit reports. Principal amount is zero, still showing a $3K balance for interest. Hi friends, Congrats to anyone who's actually been forgiven. How long after the zero balance did you receive the Mohela has my balance at 0 but cannot tell me any info on refund or how many payments were made. It took another couple weeks and a day to see my loan in Mohela. It took about 3 months for the credit bureaus to show it as “closed” with a zero balance. My Mohela account says I’m in good standing with a smiley face and balance is zero. My previous loan provider had my actual loan amount. My Federal Student Aid account still has my total loan amount and now sends me to MOHELA rather than EdFinancial. My I just checked Mohela and I’m at zero balance. Do I celebrate? They told me to make an account but then my balance didn’t show up for a few weeks If you submitted a PSLF Form then you'd be automatically transferred to MOHELA for servicing. I was in PSLF but not at 120 payments and still showing loan on FSA. I also received a CONGRADUATION letter from Mohela that my loan was forgiven on 1/3/2023. Mine did this, I called My loan was transferred to MOHELA from Aidvantage on Sept 22nd. Im a fairly patient person (have learned to be over the past 10 years re I checked a few days ago and Mohela balance is now in the negatives. Then told me my balance was $12k before refunds DESPITE ALL MY BILLS & PAPERWORK SHOWING $8714. They told me I didn't need to request it, but that they would note my call. com), the initiated payments were of the type "EDPay". If your federal student loan balance mysteriously dropped to a $0 balance, it might seem like a dream come true. I consolidated in 2016. r/PSLF. I haven't celebrated because my balance was still showing on Studentaid. studentaid. I have not received the 2nd letter that I was told to expect, saying the loans have been discharged. Top 2% Rank by size . Information and advice about Public Service . 00. 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. Today, I have a payment tracker with 111 I logged in to set up my bank info to start my PSLF payments again (I have not completed 120 payments). My MOHELA has a zero balance and an updated date. Hence the quotes. This can be really confusing for My account finally transferred to Mohela after filling out my PLSF form in July 2022. My mohela account is showing that my October payment will be $0. Reply reply CheeseIsLife161616 • It says 0. gov still shows a balance and no letter yet from MOHELA confirming, which does not surprise me. They are ripping people off Reply reply Zero balance on MOHELA this morning. She is “escalating” me up to a pslf supervisor to find out I just had the same experience this evening. $0 due, $0 past due, $0 total balance. They've even been closed on my credit report with a zero dollar balance. 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. Yesterday, I looked and I had the smiley and zero balance. Prior to that we had submitted another ECF for the most several months and one for about 10 months way back when PSLF first started that we hadn’t submitted yet. I had 75 payments credited toward forgiveness and needed 45 more. They are seeing their My Mohela account zeroed out about 2 weeks ago. Reply reply Edit: Mohela DID eventually show up on my credit report and I believe it DID show a balance but now it's $0. 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. Thanks in advance for your help! Update: I went ahead and manually paid my balance for this month. My loans were forgiven with MOHELA and I too have a balance on studentaid site. Mohela has been my processor for many years, so no account moves I submitted the single form (ECG?) in December of ‘21, including a sealed envelope with my employer verification. They also Yup, MOHELA confirmed my $200k balance was forgiven on 12/13 and the MOHELA site updated on 12/14. Patience saw it had zero balance But, since I submitted PSLF paperwork in Sept/Oct of 2022, i figured i should check the Mohela website (i created an account June 2023 bc i knew once my PSLF paperwork was submitted it would transfer over there) and it also says $0 balance. gov still shows a balance due As of 11/22, Moehla still shows $0 Balance with Zero active loans. My negative balance got $1k subtracted yesterday which is weird. Called MOHELA just a few minutes ago, and was told that my info from fedloan is still being I said You have the smiley face because of the consolidation - it's part of the process. I checked Studentaid. Studentaid. FYI - I spoke with a Mohela rep this morning regarding my account (as it is now showing a negative balance). I applied for the IDR and was approved, my monthly payment is supposed to be $55. When I check Studentaid. I contacted each credit bureau to proactively have my loan removed from my credit report and that happened pretty quickly after I zeroed out on MOHELA and FSA. That was yesterday. And I am trying to buy a house. Of course it's Saturday and I cannot get a hold of Mohela. Person on the phone confirmed my loans have been consolidated. I received email approval of my borrower defense applications on 2/28/23 for my federal loans serviced by Mohela. Why is there a zero balance and has anyone experienced this Mohela not showing loans transferred and $0 payment due with due day 30 Sep upvotes · comments r/PSLF r/PSLF Information and advice about Public Service Loan Forgiveness, a forgiveness program for US federal student loans. 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. I finished my 120 PSLF payments in December 2022. After my loan count sat at 26 for nearly 6 weeks. I logged on to the app and once again a big bold "$0. StudentAid. I just logged into my Federal Student Aid account, and it says I have a $0 balance as of 11/27/23. gov and I saw a zero balance, there, as well. I transferred to Mohela from Edfinancial around 8/10 after being notified by EdFinancial two weeks prior to that. 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. I assume that if your balance still is showing Just got a letter from mohela stating paid in full. Hope that helps Reply reply More replies More replies. Logged into MOHELA and showing a 0. It's Temporary. $237,000 forgiven! Share Sort by: Best. ) The next day, it went back up to its original balance. I was explaining a different way- the loans will be forgiven by MOHELA, not Nelnet. 00" for principal balance and payoff. I'm going to assume they haven't been updated. Is this just because Mohela hasn't updated the CRA's since June. This is a mess. 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 MOHELA, the loan servicer for the PSLF program, has stated that payment counts for PSLF may temporarily show zero qualifying payments. Please help . From there, when the IDR waiver is applied and your count of 131 is returned you’ll be waiting for forgiveness. The Department of Education website still shows the entire balance. It will be accruing and then disappearing when the next 0 payment is made I only had 83 qualifying and 104 total payments when I called and they told me I was on the list for 11/9. I called MOHELA - waited about 20 min - rep confirmed my balance was erased 12/14/2022 and I would get a If your student loan balance is suddenly showing zero, some of the many reasons could be: Your federal student aid or private student loans were forgiven; You've completed one of the student loan forgiveness programs; You qualify for Public Service Loan Forgiveness (PSLF), or; Your original student loan servicer has changed. gov account now show zero also. If you had a Borrower Defense to My loan balance was $200k. UGH. But! I just got out of med school and signed up for PSLF. So they consolidated and will show back up once the consolidation completes. The full balance is also still showing in my credit report. Reply reply Great_Competition962 • I owe 40, 000 and my yearly income is Hello, once you are on the SAVE plan and you have a 0 payment, you will "see" and hopefully not freak out, your interest accruing. Interestingly, the payment count HASN'T been updated so I'm still at fewer than 120 payments. The rep indicated that refunds would be processed within 10 business days. I verified that against the studentaid. And there’s nothing there. 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. 7 billion in private loan student debt, relieving 66,000 borrowers. This is an educational subreddit focused on scams. She hasn't looked at the account in a year or two but it's saying her entire balance + employee match was withdrawn in May of I checked Mohela, and of course the payment counts are wrong. Mohela says my account balance is zero . I'm full class, Ai los angeles, applied in 2019 with consolidated loans. 🤷‍♀️ And I'm not on any payment plan. On 11/4, I saw on my phone that my balance was $0. I checked my account on Mohela and the Student Federal Aid both show a zero balance. I received no notification from Mohela that my loans had been forgiven. once the consolidation's processed the new consolidated loan will be sent to your MOHELA account. Advice I just logged into my nelnet account after getting that email. 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. Mohela transfer and 0 balance on fed loan . I have paid the interest for October and November 2023. Employed FT, middle class income. Tracker is at 88/120, still showing a balance. More posts you may like r/PSLF. gov) for the last week. There were two messages. Reply reply SignificanceFancy763 • Please stay in touch with your update! My balance with mohela is zero! But my payment counts were l never updated past 1 even though I’ve been paying since 2006 ! On studentaid. For me, it's showing up as $0 on Mohela and the studentaid. It only started to show the loan balance this week. I see a class action lawsuit in there future. 00 for a awhile and I just decided to check my account yesterday and have a balance of -22k. My old EdFinancial account also has a zero balance and a paid in full and transferred notice. In my case I have nearly 30 years worth of credit history so having this account closed did not negatively impact my credit score and in fact My MOHELA has a zero balance and an updated date. apparently i don’t owe until november. How long it takes to get to Mohela I don’t know, still waiting for All my reports show a zero balance and the account as closed and paid in full. Consolidation means your old loans were paid via the consolidation. I know I should have like 36 payments or so left but it shows $0 and a smiley face. gov and it says: "Your Account Has My FedLoan account has my loan balance at $0 and my functionality on the site is limited, which leads me to think that the transfer to MOHELA has gone through. I still have 76 payments left before my loans are forgiven. Welcome to r/scams. I called MOHELA about a week ago to find out if I needed to request a refund or if I would just receive it. My balance I logged into my Mohela account a few days ago and saw the smiley face along with the "Account in good standing" message. The balance will return once the consolidated loan shows back up at Mohela. Open comment sort options Smiley face and zero MOHELA balance!!! MOHELA balance showing $0 . However, when I go to studentaid. I'm so nervous and cannot fathom being done with these loans. Still nothing in the PSLF counts, but all my employement certs were pre-consoldiation from a FFEL, so I believe I'll be waiting a while for that. From the Studentaid. i’m showing as a $0 payment. To my surprise, I received an email from Mohela on 1/20/23. $137,741 wiped out. Reply reply Anyone else with MOHELA showing a $0 due balance since December? I received a billing statement on Dec. So I went to check my student loan balance and to set up a payment only to find that my outstanding balance was $0. I got an alert today from credit karma saying my MOHELA account was closed. I did call them and they mentioned is was a credit and was sent to billing but didnt go any further than that being Mohela hasn't updated the CRA's since June. Infact, the only things showing on my federal page are my grants MOHELA, the loan servicer for the PSLF program, has stated that payment counts for PSLF may temporarily show zero qualifying payments. Hmmm. 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 About two weeks ago (~9/1/2022), it started showing a negative balance of about $5,600, approximately equal to 30 payments. 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. Smiley face and zero MOHELA balance!!! Finally zeroed out on MOHELA website as of 12/30/22!! Studentaid. My Student Aid account says "Loan information as of 11/30/2022. 00" under balance at the top. It's 3:20 p. Reply reply i also am with aidvantage and have a total balance just over $100k. Update: i finally called them and my loans were forgiven. It isn't showing zero, the information is just no longer posted. I haven’t received any other updates from 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. Eastern time here and I'm not seeing any evidence of a payment in MOHELA or in my bank account. gov. I'm concerned and confused. Could this mean what But is only showing a $0 balance on both MOHELA and student aid. almost 6 years earlier than i thought they would be. But no data just zeros. It takes your loan holder It should show your balance there. " I'm wondering if this is limbo and they will all I was with Mohela about a couple weeks and got an email that FedLoan processed my ECF I had uploaded for them back before I transferred. As you just said, FSA still shows a balance and you know you haven't hit 120 payments. gov and Mohela, my entire balance is still there. $110k in loans. I have been working in a public service Same thing happened to me--negative balance was zeroed out as of today. On the computer I would have to go to make a payment to see the $0. Got confirmation that loans were transferring in September from my old provider to Mohela. gov, is that what typically happens? Ya’ll 😱 Updating as I got a “yes that’s normal” reply, you guys are the best. 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. (This is the Friday after the 10/31 deadline. Other My mom has had her 401k through VOYA for many years and had a large balance on it that she has never touched. Is this just something I already knew through consolidation? LOAN services website says 0 balance/ discharged. What's the settlement? Navient and state attorneys general from across the country recently reached a settlement that said Navient will forgive $1. 00 balance. gov has my loans showing and also an update date of 11/30. Anyone else have a negative balance on their Mohela account and then it went to zero, but Mohela says no refund is on the account? I’ve read other posts about this happening but people getting a refund when their account goes negative. (Part of the /r Mine says the same thing in Mohela. My payment counts towards PSLF was gone - it was like all my info had vanished. It lists one Stafford loan from 2009. But that doesn’t make sense, My Oct and Nov statements show the same. And then the same thing will happen again next month. gov is showing the status as of 11/30/2022. If the auto-debit causes a 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. Mohela and Student Aid site say $0 balance Hi everyone. gov site which also has them now at a $0 balance, status: Paid in full. But studentaid. I was employed at a qualifying government agency for 16 years, and between submitting and today, I moved out of public service and work at a for-profit company. When I called the BD hotline, they told me to contact Mohela and when I call Mohela, they tell me to contact the BD hotline. gov under “my documents”) from Juneand my loans have not been shifted to an IDR plan. Loans won't show as discharged right away because we are seeing one week or two week old information. 2k of accrued interest. I believe I only have about 112 qualifying Ok, no they don’t. Fed Loan Service reflected the same $0 balance. Mohela got my loans 2 years ago from Navient. Was there student loan forgiveness or cancellation? Did someone else pay off my debt for me? Was 2. I consolidated in March and before that had approx 74-81 eligible payments. I disputed with all 3 and Mohela verified balance as correct even though they show a zero balance and I have a letter saying it is a zero balance. 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. Logged into MOHELA and the balance shows $0. Strange, I transferred to Mohela in Sept from Fedloan and received a "Paid in Full" letter today from Mohela. 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 letter is what has to be processed in the next 10 That's because the loans left MOHELA & traveled to the consolidator agency. Waiting till Monday seems like such a long time away. gov, I'm reserving my excitement. Website states that my forms were received 10/29 and that they are processing. I went to Mohela's website and my loans now show a $0 balance. It still 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. 00 balance!Finally! Success/Celebration Time line Submitted forms 9/22/22 Resubmitted 12/28/22 Counts updated 1/2023 Counts updated again 3/16/2023(125) Zero balance 4/26/23 Confirmed with 3 reps the following: Discharge is back dated to 4/30/22 Write off 7/7/22 Direct to discharge from Fed loans issued 4/25/23 I’m waiting for Had a different provider, tried transferring to FedLoans for PSLF, in the meantime Mohela took over. Aidvantage shows a $0 Balance with a disbursement of the full balance and a refund I tried to pay my loans today and logged in and saw a $0. However, a zero-dollar balance in your account doesn't necessarily mean your debt is included. The Federal Student Aid site says it was last updated end of September. Your payment count may not be accurate for several weeks 4. 5 weeks for everything to show up on the site. Also says my loans are in forbearance until 11/29/23. I received my letter with the correct payment count on April 12th, 2023. Here's a screenshot of the Auto-Debit section of my MOHELA account summary in case it would be helpful. pgsaz dkfl mvcllj brpla ffal uokxxi ixve xvomn vjiylca hcsl