“Fake accounts for student lending giant Sallie Mae are popping up all over Instagram in an attempt to steal student identities, according to Scambook, a website dedicated to detecting bogus sites and warning consumers about using them,” CBS MoneyWatch reports. “The fake Sallie sites have a timely and attractive pitch: Due to the government shutdown, indebted graduates can apply for a loan “forgiveness” program that would wipe away their debt. However, students who attempt to be among the first 150,000 to take the bogus sites up on the offer are asked to provide private information, such as birth dates and Social Security Numbers, allowing the sites to steal their identities, according to Scambook. The real Sallie Mae has no Instagram presence and has been posting repeated messages this week on its real Facebook account warning consumers that it is not on Instagram, and it does not ask for personal information via social media.
Anyone who bought into the fake site’s claims and plugged in personal information should quickly put a fraud alert on their credit file by either calling the three major credit bureaus: Experian (888-397-3742);
Equifax (800-525-6285) and/or
TransUnion (800-680-7289) OR, by visiting their websites OR, by visiting the www.annualcreditreport.com site. The fraud alert will stop creditors from granting new credit on your file for 90 days.”
Reprinted from NASFAA’s website (National Association of Student Financial Aid Officers) 10/10/13
For those interested in utilizing Public Service Loan Forgiveness for the Federal student loans, remember that you need to complete the PSLF Employment Certification Form, yearly. Servicers will tell you that you do not have to however, you should do so so that you don’t have to retrace your places of employment to have the forms completed AND, more importantly, the laws surrounding this program option will likely change and it is important to make sure there is no doubt that your intent, at this time, is to be eligible for PSLF.
Note that the employer can only complete the form from the date you began your employment until the date they are completing the form so you may have to complete two forms for each employment year.
Below is the link to the PSLF Employment Certification Form.
Yesterday, it was been reported, by the Default Division for the U.S. Department of Education, that Student Loan Consolidation processing and funding is an essential function and therefore will still operate as normal despite the government shutdown. However, due to end-of-fiscal-year processing, the consolidation system will be down for a few days, with operation and funding to start on Monday, October 7.
Therefore, if you experience a few days of delays or are unable to reach anyone at the consolidation center, they should be back up and running by Monday, October 7.
The National Health Service Corps (NHSC) Students to Service Loan Repayment Program (S2S LRP) application cycle is now open!
Eligibility is open to medical students (allopathic or osteopathic) in their last year of school who are planning to pursue a career in primary care, and are committed to working in underserved communities with areas with limited access to care.
NHSC S2S LRP award recipients receive up to $120,000 for three years of full-time service or six years of part-time service. Upon completion of residency, NHSC S2S LRP recipients serve as primary care providers in an NHSC-approved site in a Health Professional Shortage Area (HPSA) of greatest need.
The 2014 NHSC S2S LRP Application and Program Guidance can be found at the following link: http://nhsc.hrsa.gov/loanrepayment/studentstoserviceprogram/applicationguidance.pdf. The 2014 NHSC S2S LRP application cycle closes on November 14, 2013, at 7:30 p.m., ET.
The NHSC Students to Service Loan Repayment Program is expected to be competitive. The NHSC anticipates making 100 NHSC S2S LRP awards for the 2014 application cycle. Applicants are encouraged to begin early. It is expected to take on average, approximately 3 weeks to complete an application. It is suggested that applicants start obtaining information now, specifically on their loan and supplemental documentation (e.g., letters of recommendation and official school transcript).
If you have questions or need additional assistance, please contact the Customer Care Center at 1-800-221-9393, from Monday – Friday, 8:00 a.m. to 8:00 p.m., ET (except federal holidays).
Spread the Word!
Please support the NHSC by helping spread the word about the 2014 Student to Service Loan Repayment Program by:
1. Forwarding this information to prospective applicants
2. Posting the following NHSC Student to Service Loan Repayment Program link to your organization’s Website
3. Sharing NHSC Facebook and Twitter posts with your social media network
We greatly appreciate your support!
National Health Service Corps
I don’t suggest that you ask these questions on the 1st date but they are things to watch for and take note of in a relationship.
Article on how identity thieves can drain your account, quickly. Make sure you use your debit card cautiously.
This article touches on groups of individuals who will be affected by tighter mortgage requirements.