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laughingthelaughiest: “ bubonickitten: “ twitblr: “Don’t let them drain your account ” For those who have Nelnet as a servicer, here’s the message that shows when I just logged in: So it looks like (for Nelnet in particular, at least) under some...

laughingthelaughiest:

bubonickitten:

twitblr:

Don’t let them drain your account

For those who have Nelnet as a servicer, here’s the message that shows when I just logged in:

image

So it looks like (for Nelnet in particular, at least) under some circumstances (i.e. if your account is overdue) they’ll automatically apply it, but otherwise you might have to request it. This link has more details re: forbearance, capitalization, and the temporary 0% interest rate. 

I believe Mohela is also applying it automatically for overdue accounts, but otherwise you have to request it.

Reblogged 3 years ago from merelygifted (Originally from twitblr)
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    ONLY IF YOUR LOANS ARE DIRECTLY HELD BY THE FEDERAL GOVERNMENT. IF YOU HAVE PRIVATE/INSTITUTIONAL STUDENT LOANS THEN...
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