"Repayment Schedule Change" for Mohelia

I’m shocked after receiving a “Repayment Schedule Change” email. I have PAYE loans from dental school, and while my account was in administrative forbearance during a transfer, my original principal of $270k with $34k in interest (totaling $304k) has now accrued an additional $3k in interest. Even more alarming, there’s an extra $139k in interest, making the new total $446k.

Does entering administrative forbearance really cause the loan to accrue interest on a new principal? Is this an error by Mohela? I’m planning to call them tomorrow, but any advice on how to address this would be greatly appreciated.

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I received the same paperwork notification stating that I am now on IDR and not SAVE, and that my payment will increase to $710 in March from its current $160. It would be amazing if I understood why it is stated in both the email and on the website.

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The letter I received today states that my anticipated payments will increase from $273 to $1770.

It’s not a misprint.

Is this even allowed to be done?

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@Aiden Because that is presuming you don’t return to the basic plan payment level and recertify your income. Recertifying repeatedly is likely to result in a considerably lower score.

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The similar warning was sent to me. From REPAYE to SAVE, I switched. It says that the last day of my current SAVE plan payment is August 5, 2025. The representative I spoke with last time told me I didn’t need to re-certify until the following year. Has anyone received a notice from Mohela regarding re-certification? I tried to visit the previous website, but it is no longer accessible as my account has been moved to the new one. However, there’s not a lot of information on the new website. Tomorrow, I will also give them a call. Everything about this is a mess.

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