turkaglew

7+ Year Member
Nov 6, 2009
335
0
Status
Medical Student
I am a general surgery resident doing two years in the lab. I am in PAYE and filing for PSLF. Currently, my PAYE is based on an income of approx 55k as a resident. In the lab, I am going to moonlight, which may bring my salary up to 100-150k depending. When I go back to being strictly clinical, I assume my loan repayments will be very high based on the income of 100-150k. Is there anyway around this?
 

maxxor

10+ Year Member
Apr 11, 2009
871
652
Status
Attending Physician
I am a general surgery resident doing two years in the lab. I am in PAYE and filing for PSLF. Currently, my PAYE is based on an income of approx 55k as a resident. In the lab, I am going to moonlight, which may bring my salary up to 100-150k depending. When I go back to being strictly clinical, I assume my loan repayments will be very high based on the income of 100-150k. Is there anyway around this?
Recertify when your income drops.
 

Paingas

2+ Year Member
Nov 1, 2017
32
12
Status
Attending Physician
They will sky rocket. Happened to me. Then moved to a much more expensive place and it really screwed me.
 

TMP-SMX

Senior Member
Moderator Emeritus
Gold Donor
10+ Year Member
Jun 12, 2006
3,777
129
Status
Attending Physician
This was kind of a zombie thread. In general your payments are based on your most recent tax return. If you file the alternative documentation of income when you have lower income that's the only way around it. You typically are only going to recertify eligibility for partial financial hardship on an annual basis. When do you recertify?
 
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