A student loan expert writes:
The Dept. of Ed has released a new form for borrowers who wish to select Income-Based Repayment (IBR), Income-Contingent Repayment (ICR), or the new Pay-As-You-Earn plan (available starting tomorrow). This form replaces the repayment section form AND the alternative documentation of income form (ADOI).
Borrowers should use this form; however, the Department of Education will continue to accept the old forms until April 2013.
Here is the Department’s announcement: http://www.ifap.ed.gov/dpcletters/GEN1222.html.
With luck, having only one form to complete will be easier for borrowers.
Lawyerly Fine Print:
John Gear Law Office LLC and Salem Consumer Law. John Gear Law Office is in Suite 208B of the Security Building in downtown Salem at 161 High St. SE. That is right across High Street from the Elsinore Theater, a half-block south of Marion County Courthouse.
John Gear is only licensed to practice law in Oregon. This site may be considered advertising under Oregon State Bar rules. There is no legal advice on this site so do not take anything you read here as advice for your particular problem or situation. And I do not represent you and I am not your attorney unless you have hired me with a representation agreement. While I do want you to consider me when you seek an attorney, you should not hire any attorney based on brochures, websites, advertising, or other promotional materials. All original content on this site is Copyright John Gear, 2010-2022.