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Now that the COVID-19 payment pause has ended, student loan payments have restarted. For most borrowers, the first payment after the payment pause ended was due in October 2023. Review important concepts, tips, and recommendations for repaying your student loans at Repaying Student Loans 101.
- Restarting Student Loan Payments
Now that the COVID-19 payment pause has ended, student loan...
- Restarting Student Loan Payments
Now that the COVID-19 payment pause has ended, student loan payments have restarted. For most borrowers, the first payment after the payment pause ended was due in October 2023 . Review important concepts, tips, and recommendations for repaying your student loans at Repaying Student Loans 101 .
Confirm or update your contact information in your profile on your loan servicer’s website and in your StudentAid.gov account. Consider applying for an income-driven repayment (IDR) plan. An IDR plan can make your payments more affordable, depending on your income and family size.
Borrowers can lower their payments, even to $0, by enrolling in an income-driven repayment plan, including the Saving on a Valuable Education (SAVE) Plan. We'll continue to update this page with resources about student loan payments restarting.
1 paź 2023 · Interest started accruing again in September. If you have student loans and haven’t made a payment in the last three years, don’t panic. Here’s what experts recommend: WHERE DO I START? The first...
15 wrz 2023 · The moratorium on repaying student loans ended Oct. 1. Here are steps to restart payments, check your deferral options and avoid penalties.
Contact your loan servicer to restart auto-debit, sign up for auto-debit for the first time, or find out the easiest way to make a payment. Direct Loan borrowers who use auto-debit get a 0.25% interest rate deduction on their loans.