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BIDEN-HARRIS STUDENT LOAN FORGIVENESS UPDATES
Biden-Harris Student Debt Relief Plan is Blocked
The student dept relief plan created by the Biden-Harris administration has been stopped by the courts. The student loan payment pause is extended until the litigation over the program is resolved. Payments will restart 60 days later. If the debt relief program has not been implemented and the litigation has not been resolved by June 30, 2023, payments will resume 60 days after that. For more information about the pause on student loan payments and additional information about the student debt relief plan, visit the Federal Student Aid website found here.
Biden-Harris Administration Continues Fight for Student Debt Relief for Millions of Borrowers, Extends Student Loan Repayment Pause
U.S. Department of Education released this Press Release on 11/22/2022
The U.S. Department of Education announced an extension of the pause on student loan repayment, interest, and collections. The extension will alleviate uncertainty for borrowers as the Biden-Harris Administration asks the Supreme Court to review the lower-court orders that are preventing the Department from providing debt relief for tens of millions of Americans. Payments will resume 60 days after the Department is permitted to implement the program or the litigation is resolved, which will give the Supreme Court an opportunity to resolve the case during its current Term. If the program has not been implemented and the litigation has not been resolved by June 30, 2023 – payments will resume 60 days after that. Read the full press release found here.
What does this mean for you? The pause on student loan repayment, interest, and collections is extended until June 30th, 2023. Payments on any student loans will restart following this date.
The Biden-Harris Administration is still fighting for the student loan forgiveness program. If you have applied for student loan forgiveness, continue to check for updates between now and the June 30th cut-off.
Previous Updated
Apply Now for Student Loan Debt Relief!
Biden-Harris Student Debt Relief Apply Now for Student Loan Debt Relief!
U.S. Department of Education sent this bulletin at 10/20/2022 09:37 AM CST
We’re emailing you because you asked to be kept up to date on the latest Federal Student Loan Borrower Updates. We’re happy to announce that the Student Loan Debt Relief Application has officially launched!
As part of the Biden-Harris Administration’s one-time student loan debt relief plan, you can now apply for relief of up to $20,000.
Filling out the application is easy and takes about five minutes. You don’t need to log in or provide any documents. The application is available in English and Spanish and works on both desktop and mobile.
If you already applied and received a confirmation email, you don’t need to re-apply.
To find more information about eligibility, visit the student loan debt relief page.
Biden-Harris Student Debt Relief Application Preview
U.S. Department of Education sent this bulletin at 10/12/2022 07:33 PM CST
Student Loan Debt Relief Application Preview
This week the Biden-Harris Administration previewed the Student Loan Debt Relief application form. Here’s what you need to know:
- The application will be available later this month.
- It’s short, simple, and will be available online at a .gov URL.
- You don’t need to log in or provide any documents to apply.
- Federal Student Aid will reach out directly once you’ve submitted your application if you need to provide additional information.
- You will be able to fill out the application on both mobile and desktop devices.
The application will be available in both English and Spanish when it goes live. The application period will run from October 2022 through Dec. 31, 2023.
Stay tuned for more information.
Learn More About One-time Student Loan Debt Relief
Beware of Scams
Borrowers should know that the best source of information about when the application period opens will come directly from the Department of Education and Federal Student Aid.
You might be contacted by a company saying they will help you get loan discharge, forgiveness, cancellation, or debt relief for a fee. You never have to pay for help with your federal student aid. Make sure you work only with the U.S. Department of Education and our loan servicers, and never reveal your personal information or account password to anyone.
Our emails to borrowers come from noreply@studentaid.gov, noreply@debtrelief.studentaid.gov, or ed.gov@public.govdelivery.com. You can report scam attempts to the Federal Trade Commission by calling 1-877-382-4357 or by visiting reportfraud.ftc.gov.
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