The office of Federal Student Aid of the U.S. Department of Education has released this information about extending COVID Emergency Relief Flexibilities for students, borrowers, and parents until least through Sept. 30, 2021.
At the U.S. Department of Education (ED) office of Federal Student Aid, we are actively monitoring the coronavirus/COVID-19 emergency.
COVID Emergency Relief Flexibilities Extended At Least Through Sept. 30, 2021
We will continue to update this page as more information becomes available.
- On March 20, 2020, the office of Federal Student Aid began providing the following temporary relief on ED-owned federal student loans: suspension of loan payments, stopped collections on defaulted loans, and a 0% interest rate.
- On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) became law, providing for the above relief measures on ED-owned federal student loans through Sept. 30, 2020.
- On Aug. 8, 2020, the COVID-19 emergency relief measures were extended on ED-owned federal student loans through Dec. 31, 2020.
- On Dec. 4, 2020, the COVID-19 emergency relief measures were extended on ED-owned federal student loans through Jan. 31, 2021.
- On Jan. 20, 2021, the COVID-19 emergency relief measures were extended on ED-owned federal student loans through Sept. 30, 2021.
Below, we have answered questions about these COVID-19 emergency relief measures and the resulting flexibilities for federal student loans. You will also find answers to questions about preparing for payments to resume.
Check out related articles! We’ll add links here as we publish articles.
- 5 Things to Know About Current Repayment Flexibilities and Your Federal Student Loans
- 6 Things Students Need to Know During the Coronavirus (COVID-19) Emergency
- 6 Things to Know About Public Service Loan Forgiveness During the COVID-19 Emergency
NOTE: You do not have to pay to get 0% interest or suspended payments for your student loans. Some companies may charge a fee to give you repayment help for federal student loans during the COVID-19 emergency. These companies are not affiliated with or endorsed by the U.S. Department of Education (ED). Learn more about avoiding student loan scams.
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