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Coronavirus Info for Students, Borrowers, and Parents

Just Announced: Student Loan Payments to Restart After Jan. 31, 2022

On Aug. 6, 2021, the U.S. Department of Education announced a final extension of the student loan payment pause until Jan. 31, 2022.

The pause includes the following relief measures for eligible loans:

  • a suspension of loan payments
  • a 0% interest rate
  • stopped collections on defaulted loans

Alert: Don’t accept unexpected offers of financial aid or help (such as a “pandemic grant” or “Biden loan forgiveness”) without checking with your school to see if the offer is legit. Learn how to avoid scams.


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