So after being paid on July 15, I made my big payment for the month, $1,226! My student loan balance is now down to approximately, $15,273 (that's with interest through July 31-the next anticipated payment date). My payment date has been advanced to October 2017. Who hoo! I am getting that balance down! My balance is almost down to the amount I have in savings, I think that knowledge is encouraging me quite a bit. I have approximately a little over $13,000 in savings so the 2 numbers are converging. I should be able to meet my goal of having the balance in the $14,000s by the end of July.
Looking back at my payment history, I have made more than the minimum payment required on the loan since February of 2014! I received a small raise at work (about 5%) so I will likely put that money towards the student loan (more on that in a separate post). Also, I am expecting reimbursement for at least one more travel voucher this month- so a portion of that money will also go towards the loan.
One last thing-I've noticed that when I make a payment in excess of $1000, before the payment goes through, the website will issue a warning advising that I input an amount in excess of $1000. I know it's probably to avoid typos, but I thought that was hilarious! Everytime, I was like, "Yes, I know it's in excess of $1000, I'm trying to pay this stupid thing off!!!!"