Last Updated Jan. 21, 2021
On March 20, 2020, the Secretary of Education directed the office of Federal Student Aid to provide the following relief on ED-held federal student loans:
On March 27, 2020, Congress passed, and the president signed into law, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which provides for the above relief measures through Sept. 30, 2020.
On Aug. 8, 2020, President Trump directed the Secretary to continue to suspend loan payments, stop collections, and waive interest on ED-held student loans until Dec. 31, 2020.
On Dec. 4, 2020, federal student loan flexibilities for the COVID-19 emergency were extended through Jan. 31, 2021.
On Jan. 20, 2021, the COVID emergency relief flexibilities were extended at least through Sept. 30, 2021. During this time no interest is accruing and no payment will be due before at least Oct. 1, 2021 - unless you opted out of the forbearance. We are updating our website and system as quickly as possible. We appreciate your patience.
This page as well as StudentAid.gov/coronavirus will be updated with information for students, borrowers, and parents on a regular basis, so please check back frequently.
Below are the actions being taken to provide continued relief:
0% Interest Rate
Temporarily Postponed Payments Through Sept. 30, 2021
During the Administrative Forbearance
Opting Out (Ending) the Administrative Forbearance
StudentAid.gov/coronavirus has information about topics such as the 0% interest period, forbearance (temporary suspension of payments), and defaulted loans.