President Biden announced an extension of the relief measures for federal student loans owned by the U.S. Department of Education.
Borrowers will not be required to make monthly payments and interest rates will be at 0% until the payment pause ends.
We will notify borrowers before payments restart.
Visit
StudentAid.gov/coronavirus
for updates.
Student Debt Relief Plan
Courts have issued orders blocking student debt relief. The Biden-Harris Administration is seeking to overturn those orders.
For the latest information regarding the status of student debt relief, visit
StudentAid.gov
.
Income-Driven Repayment and PSLF Account Adjustment
Find out if you could benefit from changes to how payments are counted toward forgiveness. Visit
StudentAid.gov
or mygreatlakes.org for more information.