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22 lis 2022 · On November 22, 2022, the U.S. Department of Education (ED) announced an extension of the student loan payment pause. This means that all borrowers with eligible student loans will continue to have their payments paused without penalty.
If your loans were eligible, we automatically paused your loan payments and set your interest rate to 0% from March 13, 2020, until Sept. 1, 2023. This payment pause is also known as an administrative forbearance. You can no longer get refunds for payments you made during the COVID-19 payment pause. The refund benefit ended on Aug. 28, 2023.
23 wrz 2022 · The application will be available no later than when the pause on federal student loan repayments terminates at the end of the year. Nearly 8 million borrowers may be eligible to receive relief automatically because relevant income data is already available to the Department.
Learn about the latest updates and announcements regarding federal student aid during the COVID-19 pandemic.
15 gru 2023 · After more than three years, in June 2023, Congress ended the student loan payment pause, which suspended payments and interest for the duration of the pandemic. This fall, more than 28 million borrowers are returning to repayment, an unprecedented challenge for both borrowers and the Department of Education.
Under the CARES Act, Congress paused payments on most federal student loans due to the ongoing COVID-19 pandemic. President Trump and President Biden both extended the federal student loan payment pause multiple times. The payment pause is now over, as it ended on September 1, 2023.
6 paź 2022 · It temporarily paused payments and involuntary collections on most federally held student loans through Sept. 30, 2020. The pause was extended seven times, the last five times by President...
