Loan Debt Relief

A decision provided by the Supreme Court has overturned the Biden-Harris Administration Student Debt Relief Plan.  This means that even borrowers who had previously applied and were approved will not be receiving any cancellation of loan debt.  In addition, Congress has recently passed a law preventing further extensions of the payment pause.  Student loan interest will resume starting on September 1, 2023, and payment will be due starting in October.  You will be contacted by Federal Student Aid and your servicer prior to repayments starting.  See the Federal Student Aid website for more details: https://studentaid.gov

BE AWARE OF SCAMS:  U.S. Dept of Ed, Office of Inspector General Announcement
PSA: Attention Student Borrowers: Take Actions to Protect Yourself from Student Loan Forgiveness Scams (ed.gov)

Effective as of Friday, Jun. 30, 2023


Updated: 07/05/2023 02:12PM