I know I have a lot of catching up to do, but I am so excited about this that I will post it now before the excitement wears off. I promise I will catch up eventually!! Everyone has probably given up on reading this blog by now!
A few days ago I received a check in the mail from my student loan provider, Nelnet, who I have been steadily paying for several years now. Also, my payments to them had been automatically deducted every month on the 4th, and this month no payment was deducted. I knew I was getting close to being paid off, but not that close. So I went online to check out my balance and my loan information doesnt even exist anymore. I called and they said the originator of the loan had written it off, but that he was surprised they had written so much off, usually its like the last $50 or so. He gave the number of the originator of the loan, UHEAA (Utah Higher Education Assistance Authority), so I called them and they said that they have been writing off the remainder of loans once they get below $600 and I should be receiving a letter about it soon. She said that I am lucky to have UHEAA as the originator because UHEAA gives back to the lender anything not spent on overhead at the end of the year (or some such thing) and then they write off loans that are in good standing and are nearly paid off. So I am free and clear. No more student loan repayment for me!!! Yay for being in good standing, YAY for Utah and UHEAA!!
HAPPY DANCE!!!! $600 less that we are indebted to anyone! That much closer to our goal of being debt free (except for the house of course) I am so incredibly excited about this, I can hardly contain myself. :)
4 comments:
That's so great! I remember that we paid off my student loans with Aaron's student loans since we were both working full time (at least for the summer). It was so nice not to have a payment hanging over us. We have to start paying off his student loans soon. I am not looking forward to that.
YAH! That is wonderful news!!!
We actually were thinking of paying mine off since it was getting so low, I am sure glad we didn't!! Then we wouldn't have benefited from UHEAA writing it off.
That is such great news! I haven't talked to you since you received this I guess. My student loan will be paid off in July and I can't wait. It has only taken me 11 years to pay mine off but the degree has sure been worth it . Love you!!!!!
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