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2. Qualified SLRN applicants could be selected to receive student loan relief of up to $2,500 for each year of work (beginning with 2020) for no more than 3 years, with a maximum benefit of $7,500. According to the Department of Education, this benefit is only extended to federally held loans. UHEAA is governed by the Utah State Board of Regents. This form is used to discharge a loan when the borrowers ability to benefit from their education was misrepresented by the school. President Joe Biden wants to cancel student loans immediately. The attorneys will provide a PSLF Waiver FAQ Utah Higher Education Assistance Authority bought your debt and are now trying to collect on it. WebOn September 30, 2020, the forbearance will expire, and auto-pay will resume. Unfortunately, UHEAA does not track qualifying payments for PSLF. Loan Discharge Application: Unpaid Refund. Loan Forgiveness Again, that number is (717) 573-8721. Please be advised that it can take anywhere from 30-90 days to complete a consolidation, but we are able to place a hold on your account if you are planning on applying. For more information around the recent presidential announcements, we recommend visiting https://studentaid.gov/announcements-events/coronavirus. UHEAA student loans will lessen the financing cost charged to borrowers on Federal Consolidation advances that are ensured and claimed by UHEAA. Failure to do so may result in receiving a forbearance subject to interest capitalization. Skip to Contact Info Repayment Defaulted Loans Contact UHEAA Phone | (877) 336.7378 Hours | Monday Friday, 7 a.m. to 5 p.m. MT The CARES Act, which is the $2 trillion stimulus package meant to help Americans impacted by COVID-19, offers multiple benefits for your federal student loans. Your new servicer will then be able to provide you with information regarding the number of qualifying payments you have made. Uheaa Loan All rights reserved. FFELPand Direct loan programs are eligible for TLF. Borrowers who have reached the required number of payments for IDR forgiveness will begin to see their loans forgiven in spring 2023. This form is used for a short term postponement of monthly payments. I have Parent PLUS loans. Failure to do so may result in receiving a forbearance subject to interest capitalization. Please see Forbearance Due to COVID-19 Questions above. How can I best prepare for repayment to resume? loan forgiveness WebLoans serviced by UHEAA are held under the Federal Family Education Loan (FFEL) Program and do not currently qualify for the automatic National Emergency Forbearance. Average of 7 Customer Reviews. How to Contact Cornerstone Customer Service. Due to this, there is an expected reduction in the workforce, as 146 UHEAA employees may be laid off. Uheaa Average of 7 Customer Reviews. Call us today! If you planning on making a payment that will payoff your balance, pleasecontact usto discuss your payoff amount or refer to the payoff amount listed in youronline account. 7 Things You Need Before Filling Out the FAFSA Form, 13 Things to Know When Evaluating Your Financial Aid Offers, The Versatile Student Loan Calculator: Loan Simulator, How to Deduct Student Loan Interest on Your Taxes (1098-E), 6 Ways to Prepare for Student Loan Repayment to Begin Again.