Do I need to make the $0 SAVE payment for it to waive all of my interest?
Abbey Johnson, Helping with Student Loan Documentation
Answered on October 02,2023
Answered on October 02,2023
No. You don't have to do anything to "make" a $0 payment.
Guide
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Ultimate Guide on SAVE Plan - Payment Calculation, Interest, Forgiveness
Under the Saving on a Valuable Education (SAVE) plan, a single borrower who makes less than $15 an hour will not have to make any payments. Borrowers earning above that amount would save mor..  Click here to get a detailed guide
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