PAYE Question Forum

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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T-forteenager

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PAYE Question

Post by T-forteenager » Mon Feb 24, 2014 7:46 pm

Hey guys, so I have a PAYE Question:


I had private loans (not under Fannie/Freddie/Sallie) taken out in August 2007 for undergrad. They are about 15k away from being paid off. Does this disqualify me from PAYE??????
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swampman

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Re: PAYE Question

Post by swampman » Mon Feb 24, 2014 8:13 pm

T-forteenager wrote:Hey guys, so I have a PAYE Question:


I had private loans (not under Fannie/Freddie/Sallie) taken out in August 2007 for undergrad. They are about 15k away from being paid off. Does this disqualify me from PAYE??????
No. Only federal loans would disqualify you, if you hadn't paid them off by 2009ish, forget the exact date.
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