REPAYE interest subsidy / Great Lakes Borrowing

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heybrother

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POST SUMMARY: REPAYE Interest Subsidy does eventually show up on your account.

Hi,

So when I initially signed up for REPAYE I found myself wondering - how will I know that the subsidy is actually happening. I searched high and low through the menus and couldn't seem to find anything indicating I was actually receiving a discount on my unpaid interest.

Waited a month... then logged on today to Great Lakes - went to Payment History.

Repayment.jpg


Semi-gratifying.

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That's cool. Unfortunately I've yet to find a spot where FedLoan documents this, so I just have to check my interest balance the day before and after my payment is applied. Kind of annoying.
 
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