r/PSLF•
gotyoback6

What happens if you applied to switch out of SAVE, but it is not processed by Aug 1st?

I am on 91/120 payments with the last payment that counted being May 2024. Should reach 120 in November of 2026.

Given that interest starts on SAVE Aug 1st, I decided to apply for ICR and have the payments start counting and try buyback if it still exists/works.

I applied via the FSA website and also the wet signature method. Applied on July 13th. Reading other posts, if Mohela does not process my request to switch out of SAVE, even though I have applied, how is it fair to charge interest?

I am sure a lot of people are trying to switch and we all know that Mohela does not have their act together. Do you think that folks like me will have an argument to make with Mohela months later when we say hey you need to take out all this interest that you charged us since it was you who did not process our application on time?

I think it's crazy that FSA and Mohela are trying to encourage folks to switch out of SAVE, but at the same time, they have made switching out of SAVE almost impossible...

Posted Jul 19, 2025, 7:52 PM UTC

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