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 Mofelp  Form 2014

2014-2025 Form

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Instructions and help about Mofelp Form

the Department of Education offers two ways to get collection fees removed from your account one is the long rehabilitation the others to a settlement now for most people settlement isn't going to be an option to get the collection fees removed just because settlements are really expensive with federal student loans the best you're gonna do is probably about 85 to 90 cents on the dollar payable in 30 to 90 days now with those of you with a high loan balance typically you're gonna be able to do that so then the only other option collection be removed is to complete a long rehabilitation do anything extra for the most part to get the collection fees waived what is up happening is a complete the loan rehabilitation the department education automatically waives the collection fees that are on your account to make sure this is going to happen which you want to do is check out your rehabilitation agreement letter there should be some terms I explained to you that at t

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