Stimulus Update Student Loan Forbearance
Any qualifying federal student loan payments made since march 13 2020 the retroactive date of the administrative forbearance period can also be refunded upon request.
Stimulus update student loan forbearance. People with student loan payments looming may not like the newest covid relief stimulus package. Washington gray dc the 900 billion 5 593 page stimulus bill does not address student loan debt. Millions of student loan borrowers might be required to resume federal student loan payments on february 1st.
Recently congress passed a covid stimulus bill to the tune of 900 billion dollars. Student loan borrowers haven t had to make payments since march but that piece of federal pandemic relief is set to expire on december 31 unless president donald trump or congress act to. Now the bill will be sent to president donald trump to be signed into law.
Stimulus check live updates. Washington gray dc the 900 billion 5 593 page stimulus bill does not address student loan debt. There are around 42 million americans with federal student loan debt and payment forbearance has been extended until.
Will there be student loan forgiveness.