saying the forgiveness program is now open and calling it a "game-changer for millions of Americans." On Friday, the Education Department opened a beta version of the application and on Monday went live with the website to apply for loan relief. ...
PresidentJoe Bidenannounced last week that most federal student loan borrowerswill be eligible for some forgiveness: up to $10,000 if you didn'treceive a Pell Grant, which is a type of aid available to low-income undergraduate students, and up to $20,000 if you did. The relief will be ...
Student loan borrowers impacted by the L.A. wildfires can get payment relief. Call your servicer to discuss a natural disaster forbearance or contact your school’s financial aid office if you’re still a student.
If you were in the process of rehabilitating a defaulted student loan on March 13, 2020, when the relief period began, each month of suspended payments will still count toward rehabilitation. Once the payment suspension is over, rehabilitation payments must be received within...
Borrowers can now apply for federal student loan relief: here's how to get up to $20,000 forgiven
Currently this law is being fought by some activists but until the day that this law is overturned other avenues need to be pursued. If you are unsure of where to turn for student loan debt help this is your last stop on the search for assistance, speak with one of our experts today ...
Enrolling in income-driven repayment can offer the same immediate relief as student loan deferment, as well as additional long-term benefits. You’ll likely still pay less each month. Many factors contribute to how income-driven payments are calculated. If you’re deferring loans ...
What to do if you don't qualify for student loan forgiveness? For those who are federal student loan borrowers, here's how you can apply for debt relief. Who can apply for Biden's student loan forgiveness plan? Before you even worry about applying for student loan forgiveness under the Bi...
Know the warning signs when it comes to student loan debt relief companies, such as upfront fees for repayment assistance. Meghan LustigJune 24, 2020 How to Avoid Student Loan Scams When it comes to your finances, you likely know that keeping your passwords and identifying information ...
Deferment and forbearance: Some lenders offer temporary relief for borrowers facing financial hardship, though options are usually more limited than federal loans. How to choose the best private student loan It’s important to shop around before you decide on a lender. Compare loan options from mul...