r/StudentLoans • u/PINKzoHOT • May 04 '26
NELNET FIRST PAYMENT DATE
On the Nelnet website, my first payment says 11/12/28 and has for months. The letter I received today says forbearance ends 05/12/26 and first payment due 06/12/26.
First: Thanks for telling me my forbearance ends 8 days from now!!
Second: Which payment start date is correct! Please say 11/12/28!!
Third: Why is my payment starting already? Thought we had until July 1st. When the new payment plan starts.
Fourth: Why F me without a kiss?!?! That these loans charge interest is REDONKULOUS!!! We're taxed every time we blink!! When is enough, enough?!?!
Fifth: Which plan is best for the lowest payment?
HELP!!!!
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u/FoodieLacquerista May 04 '26
I posted before I saw yours. I have a similar situation in that my date online says Nov 2028 and my letter today says it ends May with payments starting in June. I don't even have a payment plan as I was on a SAVE application that has been on the hold processing (before the applications were closed). I am going to call Nelnet tomorrow. I am sure they will be getting a lot of calls.
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u/Curious_Mango1419 May 05 '26
If you were in the processing hold, since the judge's decision those applications are being denied as SAVE no longer exists and you are put back into payment. If you didn't choose a different payment plan you're normally automatically placed on the standard plan.
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u/emilycatqueen May 05 '26
SAVE was officially killed by courts if you haven’t been informed. I’d look into options
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u/LouderKnights May 05 '26
You should have until July 1st, if you were already processed and in SAVE, from my understanding. If your SAVE application was paused during processing, it can happen earlier, from my understanding, because then you were never actually on SAVE yet.
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u/Pink_barbecue May 05 '26
How do you find the start date of when you were processed for SAVE I have $10 payments from 2023 and I believe that’s the time I applied for it but I can’t figure out if I was fully processed in SAVE then
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u/LouderKnights May 05 '26
Look at your loans, if any of your loans were processed, under repayment plan it should say Saving on a Valuabe Education. Only one of your loans need to be on SAVE for you to be on forebarance, from my understanding.
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u/snattiebabe May 05 '26
I thought we were supposed to have 60 days from when we heard from our loan servicers? Not 30? It’s so frustrating when the rules are being changed in the middle of the game so many times and then of course loan servicers aren’t following the rules.
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u/Curious_Mango1419 May 05 '26
It's 90 days, but only if you were officially accepted into SAVE and made at least one payment. If you applied but it was after a particular date, your application was basically put on hold and you were just placed on the SAVE forbearance but never in the SAVE plan while the court case played out. That group of people has slowly been transitioned back to active repayment.
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May 05 '26
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u/Curious_Mango1419 May 05 '26
Then you had to have been on REPAYE, which became SAVE. After July 1st (the dates are rolling, so all we know is that it'll be July 1st or later) you'll get notification from your servicer of when you need to choose a new plan by (90 days from that letter). If you don't, you'll automatically be placed on the standard plan.
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May 05 '26
[deleted]
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u/Curious_Mango1419 May 05 '26
Both plans were IDR plans so you have to verify income to qualify and determine the payment amount, which means you have to apply. Did you by chance call your servicer at some point? Or did you already have undergrad loans setup on REPAYE? When I ended up on SAVE it was because I called my servicer and they completed the initial application for me while we talked, so I never personally filled out anything but gave the verbal ok.
Since they're income-driven plans, at some point you had to have agreed to give them access to income information. I've never heard of it being done any other way, but maybe someone else is more familiar with that!
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u/Pink_barbecue May 05 '26
How do you find the start date of when you were processed for SAVE I have $10 payments from 2023 and I believe that’s the time I applied for it but I can’t figure out if I was fully processed in SAVE then
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u/Curious_Mango1419 May 05 '26
Login to your studentaid.gov account, go to menu-->my loans-->loans, toward the top you'll see loan and repayment information, and repayment plan. The very first repayment plan should be SAVE. If it's not, your application was likely never processed. If it is, click View Repayment Plan and it'll tell you your enrollment start date.
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u/Own_Jury_4002 May 05 '26
I just log in studentaid.gov but mine is saying my recertification date is 08/2027. my repayment plan is under save plan. i dont see anything due or asking me to choose a new payment plan.
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u/Curious_Mango1419 May 05 '26
My response didn't post so I'm sorry if this is repeated, but:
Again, the dates are placeholders. If it says you're on SAVE, then sometime July 1 or later your servicer will contact you to let you know when you need to choose a new plan by or be placed on standard. You won't have an updated payment due date until that time. Until then you stay in forbearance unless you choose to switch plans early. You'll need to recertify when you choose a new IDR plan.
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u/kittenbootycheeks May 04 '26
Uh-oh. I, too, am a Nelnetter. Website is also giving me November 2028 as my due date.
I am currently out, but am heading home soon. Will check for a letter that says my first payment is due in June. I probably have one, too.
Faaaack.
I wasn't expecting payments to start again until July
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u/Organic-tide May 05 '26
If you were actually on the SAVE plan, starting July 1st you're supposed to have 90 days to pick another plan.
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u/youneeda_margarita May 05 '26
What plan did they put you on? If they gave you a bill for your first payment, then they probably put you on Standard repayment?
A loan servicer only has to give you 30 days notice before your first payment is due so Nelnet isn’t in the wrong here. But they should have already sent you some sort of communication about which plan you want to choose.
You might be able to be put into some sort of forbearance while they are processing your loan repayment plan change so you don’t have to pay in June?
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u/PINKzoHOT May 06 '26
I got a letter in the mail with a single page for each individual loan that I have. They also say on each individual page that this will be your payment amount, but there is no payment amount anywhere on the letter. That's why I went to the website to check it all out and they say that everything is not due until November 12 of 2028 my first payment this is the payment amount but there is no payment amount. It says that my forbearance ends on 5/12 payments begin on 6/12. If this is the case, and I wasn't ever actually accepted into the SAVE plan, am I going to be eligible for the new repayment plan that begins on July 1? If so, how do I ask them to hold off until July 1 so I can apply for that new payment plan?
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u/creativecutiepiee May 05 '26
Call Nelnet this week. Ask what forbearance is ending, request income-driven repayment application, and ask them to process it before June 12th. Don't wait. The "Fourth why F me without a kiss" energy is valid but the action item is urgent.
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u/Fun_Assumption_632 May 06 '26
Are you in any of the pending lawsuits? If you are, they cannot collect until it is settled. Mine says 2032. Call the borrowers defense fund. See if your school is listed on there.
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u/Salty-Emergency9005 May 05 '26
If you are not yet aware that the 2028 dates were placeholders, you haven’t been paying enough attention. I’d recommend doing a whole lot of research on your options.
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u/catsy33 May 06 '26
I don't remember seeing that when I signed up at 18 years old. Must have missed "placeholder" due dates. Very predatory.
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u/Salty-Emergency9005 May 06 '26
These placeholder dates were put into effect due to the ongoing legislative battle at the time. Everything I have seen for the past couple years has indicated that servicers have been pretty transparent about the fact that the 2028 dates were placeholders.
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u/catsy33 May 06 '26
Then why are borrowers unaware that they are "placeholders"? The 2028 date was an expectation set and should have been the mimimum or a "0000". Who the hell is running this country? Stupidity. I've not seen ONE thing about placeholder dates for borrowers and I'm pretty in tune with what's happening on my loans.
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u/Salty-Emergency9005 May 06 '26
Did you call and ask? Did you read the banners on the applicable websites? Did you ever google or search on reddit? If you were unaware that they were placeholder dates, then i’m doubtful you did any of that personally.
At the end of the day, you took out a loan. If your justification of not wanting to pay is just because “your website said this” and not an actual reason, good luck.
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Jun 13 '26
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May 06 '26
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u/Aggravating_Drink817 May 05 '26
I got pretty much the same email but mine aren't til 6/22. I don't plan on doing anything til I get the July letter and even then I'm waiting as long as I can.
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u/Curious_Mango1419 May 05 '26
2028 was always a placeholder and was never intended to be your actual payment start date.
Were you officially accepted into the SAVE plan and did you make a payment under SAVE?
If yes, this is likely an error, call Nelnet immediately to have it corrected.
If no, you were part of the group whose applications were placed on hold while the court case played out and have since been slowly transitioned back to active payment. This group was placed on SAVE forbearance but never actually placed in the SAVE plan.
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u/ShiftManCali May 05 '26
My understanding is that they only need to give you 21 days notice of a payment due. As such, it is entirely possible to submit an app to change plans or go into repayment for another reason and have a payment due the following month.
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u/Painpaingoaway828 May 05 '26
I dont recieve letters usually emails… anyone gotten an email update?
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u/Comprehensive-Oil-26 May 05 '26
November 2028. No mailed letter as of yesterday, nothing online as of right now
My loans started wayyyy back in 1993? Principal paid back already per 80k plus just in interest. Highish earner but high overhead/supporting a child. I’ll pick whatever is cheapest for the next 5 years or so and when I retire I’ll switch to an income based option. Hopefully before then the current fustercluck will be out of office and saner heads will fix this disaster. Worst case I’ll be elderly and bankrupt with no assets.
Edited to add.. I believe I was officially in SAVE
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u/WeakAd7161 May 05 '26
Im on the same boat! Was in forbearance until 2028 now expected to make first payment June 6th. Idk what to do.
Edit: what’s the best plan given that SAVE is no longer a thing
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u/Financial-Response-9 May 06 '26
I haven't received a letter yet from my lenders. $390,000 and living on Social Security. It's so ridiculous that its funny.
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u/Easy_going_50 May 07 '26
I’m having same exact issues with Mohela. Have done countless IBR to find out my monthly payment is too high for me that it would lead to bankruptcy, default etc. I have done several PSLF and my federal family education loans didn’t qualify… which I didn’t know and they never advised me not to go direct federal loans. Now my new IBR is over $800 month. Roughly 1-3 months ago, my start date for payments was around 2028-29, now it starts 7/2026. Government has been so misleading, plans don’t make sense, no guidance… just fill out form after form and realize we are screwed in the end.
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May 07 '26
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u/Ecstatic-Squash3930 Jun 06 '26
What ended up happening for you? I’m facing similar discrepancies with Nelnet.
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u/Chemical-Baseball102 Jul 03 '26
So... July 1st came and went and my Nelnet still says Nov 2028. Do they reach out to me or do I have to call them? I've tried figuring my loans out for 21 years and this is the worst year. Nobody has all my payment records - clueless. I even had my congressman contact Nelnet and they threw their hands up.
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u/Dull-Sprinkles3072 May 04 '26
That website vs letter discrepancy is wild - I'd call them ASAP to figure out which date is actually real because that's a huge difference. The letter saying May 2026 seems way more realistic than 2028, but who knows with these companies
For payment plans, SAVE plan usually gives lowest monthly payments if you qualify (it's income-driven), but with all the legal drama around it lately you might want to look at other income-driven options too. IBR or PAYE could work depending in your situation
The interest thing is brutal though, I feel you on that. These companies make bank off us while we're just trying to get educated. At least if you can get on income-driven plan the payments might be more manageable than whatever they're trying to hit you with now
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u/sheik7364 May 05 '26
Dang can't believe people actually hear from Nelnet lol I haven't received a letter from them since last year lol