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Learn who qualifies for up to $20,000 in federal student loan debt cancellation under President Biden's new plan. Find out how to submit an application, what documents you need and when...
President Biden, Vice President Harris, and the U.S. Department of Education have announced a three-part plan to help working and middle-class federal student loan borrowers transition back to regular payment as pandemic-related support expires. This plan includes loan forgiveness of up to $20,000.
Today’s announcement brings the total loan forgiveness approved by the Biden-Harris Administration to $167 billion for 4.75 million Americans. Thanks to this Administration’s efforts more than one out of every 10 federal student loan borrowers has now been approved for some debt relief.
Apply for student loan debt relief online and get help from Federal Student Aid. Find out if you are eligible and how to apply.
This form is for borrowers who want to apply for Public Service Loan Forgiveness (PSLF) or Temporary Expanded PSLF (TEPSLF) for their Direct Loans. It requires borrowers to provide personal and employer information, certify their employment, and sign the form electronically or manually.
President Biden announces a three-part plan to cancel up to $20,000 of debt for low- to middle-income borrowers and extend the loan repayment pause until December 2022. The plan also aims to...
The Biden-Harris Administration today is announcing that it will automatically discharge $1.2 billion in loans for nearly 153,000 borrowers who are eligible for the shortened time to forgiveness benefit under President Biden’s Saving on a Valuable Education (SAVE) Plan. This action comes as 7.5 million borrowers are now enrolled in SAVE, 4.3 million of whom have a $0 monthly payment.
On Monday, President Biden announced the application for his student loan relief program is officially live. The administration published a beta version of the application last week....
The Biden-Harris Administration announced today the approval of $7.4 billion in additional student loan debt relief for 277,000 borrowers. These discharges are for borrowers who signed up for President Biden’s Saving on a Valuable Education (SAVE) Plan and are eligible for its shortened time-to-forgiveness benefit and as a result of fixes made by the Administration to income-driven repayment ...
President Biden's student loan forgiveness application is now officially open, and borrowers can begin applying for up to $20,000 in debt cancellation.