How long did it take to get your federal student loan refund?

Hi everyone,

I recently paid off my student loans in full during COVID. With the Forgiveness Program now in place, I called my loan provider this morning to request a refund of the amount I paid. The representative was not sure how long the refund would take, and I was informed that the refund process is handled by Financial Student Aid, not the loan provider.

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I contacted Ed Financial earlier and the rep said it would take 6 months to process.

In addition, the guy also said that the money would get deposited back into my checking account. I am really hoping it takes the shortest time possible to increase my odds of forgiveness.

I then went ahead and told them to do it so that they exclude me from forgiveness, I would just immediately pay it all back.

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Hey was the refund successful after the 6 months were over?

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Sure. After the 6 months were over the process was complete.

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I would either call back to clarify or try calling a Department of Education customer service representative directly to request it, as other customers have been advised by their providers that it will take 4-6 weeks.