Applied For SAVE But Never Got In? Loan Servicers Are Denying Applications

The College Investor Audio Show · Jul 15, 2026 · 5m

Student loan borrowers who applied for the SAVE plan but were never officially enrolled are now receiving denial letters from their loan servicers. These are borrowers who submitted an application for SAVE or an old application selecting the option "Lowest Repayment Plan", but their applications were never actually processed. These borrowers had been in administrative forbearance while waiting for an outcome to their application.

Borrowers have 90 days to submit a new income-driven repayment (IDR) application or their SAVE forbearance ends and payments resume on their old plan.

Hundreds of…