Thursday, July 23, 2009

The BEST news of the month


In April, 2006 I graduated from UVSC with a BS degree in Health Promotion. I was ecstatic to be done, and even more ecstatic at the prospect of moving out of Utah Valley for good. Upon graduation, I faced a mound of debt, larger than any balance I have ever had to pay off. I immediately set a goal to have it paid off as fast as I could (shows how good of a goal-maker I am - not putting any time parameters on it). I got to work and started making payments. Nick and I brainstormed ways I could have the balance paid off by December, 2008. I went to Seattle in October, and kind of lost momentum after that. I got back on track and kept on trucking - promising myself that if I paid it off, I would reward myself with a new car. With one payment left, I got the car (with a good window of time before the first payment). I was going to pay the last payment of the Student Loan at the first of August and the first payment of the Car Loan at the end of August.

On Tuesday, I got the best news of the month. Welcome to the good news minute portion of the program:


"Dear Stacey McAllister:

We are pleased to inform you that the remaining balance of your student loan(s) listed in the table below has been forgiven as a way of thanking you for taking care of your loan obligation in a diligent manner. Within 2-3 weeks UHEAA will send a document indicating the paid in full status of the loan(s).

Sincerely,
Borrower Services"

It was only the last $250 of the balance (which I'm sure I paid, several times, in interest throughout the course of carrying the balance), but still, what a thrill, and a teriffic surprise from "The Man." It's official - I'm out of the student loan tunnel!

4 comments:

Shamae said...

Stacey that is AWESOME! What an incredible high!!! Way to go!!

tiburon said...

That is RAD! They never gave us a break. Ever!

TPlayer said...

You should have shared THAT during the good news minute! Hey, good to chat briefly yesterday. I should be out fo the student loan tunnel in December. I say we celebrate!

Ashlee Garn said...

That's FREAKING AWESOME! That is SO COOL that they didn't make you pay the last payment!!! SERIOUSLY AMAZING! Can't wait to take a ride in the new car :)