Recent court decisions have blocked the Department of Education (ED) from accepting and processing applications for the one-time federal student loan debt relief program. ED has appealed the rulings seeking to overturn the orders.
Make sure you have accurate and up to date information by subscribing to alerts from ED and FSA.
Misinformation spreads rapidly on the subject of student loan debt relief and the payment pause. Beware of any source that is not directing you to FSA or your loan servicer.
If you haven’t already, you should register for an online account with your loan servicer and confirm they have your current contact information. Your loan servicer will notify you if the debt relief is processed and when your monthly payments will start.
ED continues to warn borrowers to beware of scam attempts to take advantage of them.
Key things to remember:
If you are unsure if an offer is legitimate, contact your servicer to verify.