when to re-enroll for IBR? Forum

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courtneylove

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when to re-enroll for IBR?

Post by courtneylove » Wed Sep 03, 2014 8:23 pm

Thanks to lots of drama getting enrolled the first time, my IBR repayment started this year in May. Do I need to re-enroll for January 2015, or am I good through April 2015? Somehow myfedloan is unable to tell me this.
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A. Nony Mouse

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Re: when to re-enroll for IBR?

Post by A. Nony Mouse » Wed Sep 03, 2014 11:35 pm

courtneylove wrote:Thanks to lots of drama getting enrolled the first time, my IBR repayment started this year in May. Do I need to re-enroll for January 2015, or am I good through April 2015? Somehow myfedloan is unable to tell me this.
It's 12 months from whenever you were certified for IBR, so you should be good through April. They'll send you a notice letting you know that you have to re-certify by X date or you'll be switched to the standard 10-year plan. (You get a couple months to do so.)
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courtneylove

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Re: when to re-enroll for IBR?

Post by courtneylove » Thu Sep 04, 2014 12:09 pm

thank you! good to know :o
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