I just deposited over $400 in the bank! Included in that was a check for money I was owed, cash from selling an old textbook and my iPod shuffle, and a bunch of rolled change! Of course, things are not all cheery in the Financial Land of Stephanie…
I called the school back today – I had called them Friday to talk about my notice of delinquency, and they were supposed to call me back, but didn’t, so gave them another call today. I ended up agreeing to pay in $100 installments until it’s paid off, so I have to send them the first payment as soon as today’s deposits clear!
Also, I still have my car and credit card payments for this month. Speaking of the credit card though, I had some charges that Blockbuster placed on my card way back in September – and I just got them reversed! So that’s $65 toward paying off my credit card just for emailing Blockbuster.
The bill for my first student loan payment should come next month. Does anyone know anything about student loan deferment? If I register to go back to school in the fall, will that put my loans in deferment automatically? Or will I have to pay until I go back to school in September, and then they’ll go back into deferment? I’m sure the financial aid office will know, but I’d like to know before I go and talk to them.
When I was thinking about taking a leave I went to the Financial Aid office, and they said that I would have to make payments until I returned to school, at which time the Federal loans would automatically defer. As far as my private loan (from Key) I would have to send them documentation as to when I was returning to school, and they would go ahead and defer payments then.
I’m still unclear – do they defer when you start classes, or once you’re registered? Because there’s a big difference between April and September! (Also, all of my loans are federal, so I don’t have to worry about notifying any private companies, thankfully!)
I think once you register and “confirm” admission (which is a downpayment on your term bill, if not the entire payment). But call financial aid.
When I had to delay my graduation by one semester, all I had to do was to call the company and tell them I have more school. They are happy to defer my payments by 6 months. They make more interest that way anyways.
Side note, can you change the color in the comment box? It’s hard to see what I am typing.
Thanks guys! I’m gonna work on the color in the comment box – I’m still not very good at editing things around here, so it might take a few days.