Bank Deposit: “Doep Treas 310 Misc Pay” – What Is It?
If you received a bank deposit(s) titled DOEP TREAS 310 MISC PAT XXXXXXXX this is likely either a student loan refund from an overpayment or part of a Federal Tax return refund. A student loan overpayment refund usually takes between 45-60 days to appear on a bank statement.
If you received a similar deposit, use the comment form below to share your experience.
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Is there a number I can call to learn more about this? I just received my payments today.
Thank you to the current government who actually did what PELF was intended to do in the first place. This is not divine intervention, but a branch of the government that is currently functional. This is what your tax money pays for. I am very grateful.
Fyi, I had been paying on those loans since Oct 2007.
received total sum of $5605.80 in 37 direct deposits to my primary checking account today. On Jan 11, 2022, I received notice my student loans were forgiven after my 4 month old submission of the TEPSLF. 14 of the deposit amounts added to equal 7 usual payment installment amounts. The other 23 deposits were in the amount of the usual installment payments. Appearing to be actual refunds, interest and all. I do expect to get a 2022 1099 INT to file with my 2022 return to pay tax on the interest I originally deducted the years I made those payments since I deducted the student loan interest for those years. If I do not it will be sauce for the goose! I made no payments in 2021 and most of 2020 due to pandemic. I am a retired GA State LEO and have been since 2019. Hope this helps some one else.
Thanks - your post was very helpful. I had 40 deposits today very similar to what you describe. But I got no letter saying my loans were forgiven so I was totally confused. I did file the TEPSLF a few months ago so it seems this unexpected influx of money in my account isn't a mistake.
It does help. A blessing for your forgiveness of loans. Thank you.
I just received the over payments I made during covid 19 regarding my forgiveness loan. I’m psyched to know it will continue and I will get credit toward it. I am thankful and thank you!
Like others, I just got the fantastic news that my previously denied PSLF was granted. Then got 21 of my past payments back (one after the other) in my bank! WHOOOO HOOOO! I was just thrilled to get the forgiven loan so this was a total bonus!
I got 3 of these that were applied to my checking account yesterday. I was really confused as to where they came from. Confused because the person at FedLoan said i was getting a check mailed to me. I will continue to watch.
I received notification that I had a letter in my account at Fed Loan Servicing. When I opened the letter (2 weeks ago) I stated my loan was paid in full. During the pandemic I continued to pay my loan monthly. Today, I opened my bank account to see a large sum in my account. from DOEP Tres. All I can say is Thank you JESUS, Thank you GOD, Thank you LORD and Thank you YAHWEH. I have truly been BLESSED.
I also received this refund. Two weeks ago I received the letter where they told me I owed them 0 and now these refunds. I’m so grateful to Good. I learned this today, exacty one week after my husband’s sudden and unexpected passing. God is great. Thank you Lord.
I received 28 separate deposits today. I have not paid during Covid. I did apply for PSLF last year and was denied and told I had not met the 120 payment requirement under my current Fed Loan account. They did not count my 11 years of payment to ACS Education. Been fighting this for years.
Does this mean that my Loans are Now forgiven?? I’m confused.
I think so....I got a letter stating that mine are forgiven. Look on your account!
I received about that many or more; I did pay through Covid, and was making progress getting balances down. I did apply for PSLF this year in July and was denied. Then they reconsidered and forgave my loans as of 11-15-21; and then a week later I get all the deposits. Merry Christmas at my house.
Yes, the Biden administration corrected the issues connected to the PSLF program and awarded service years that had been previously denied, and automatically forgave the loans if those years put you over the 120 payment requirement. This is also tax free as you do not need to pay taxes on the amount that was forgiven. Check with your loan servicer as all but 2 of my loans were completely paid off. Congratulations and I hope that this helped.
I got 5 of those yesteday. The bank gave me the number to call, and it's the branch that issues payments for the Dept of Ed. That's all I could get. I recently got a letter that said my PLSF was approved a week ago and I had 3 payments over my required.
LoWanda we have the exact same situation. Amen if this is loan forgiveness. But we should have received this a long time ago. Thanks to ACS we lost out on our forgiveness sooner. Happy Holidays!
Anyone get any money back from going to High-Tech Institute? I graduated in 2008.
Ex ITT student here. The department of Education forgave all loans for ex ITT students for predatory practices. I just received a refund of every payment I made in the past 8 years but instead of one lump sum, they refunded every payment individually. Now my bank locked my account due to suspicious activity lol. But hey, I no longer have debt!
I just received 19 individual payments from the Department of Education. I attended ITT Tech, did not finish my program, and left the same time they were being sued in 2014. I tried to pursue forgiveness 7 years ago when I learned you aren't liable for government loans if your school is deemed to be fraudulent, but just got a runaround. What's confusing to me is I paid off all my loans in February of this year and didn't think they would refund me. Not complaining!