Direct Loan Repayment Resources/Information

In March 2020, all payments on federal loans were paused and interest rates were brought down to 0%, in response to the Covid-19 pandemic. Additionally, all loans that were in default as of March 13th, 2020, were taken out of default and placed in forbearance. These flexibilities are scheduled to end no later than August 30th, 2023. At that point, loan payments will resume, and interest will capitalize on any outstanding loans.

Below are some resources that can be used by financial aid administrators to assist students in navigating the end of the repayment pause.

Direct Loan Repayment Resources

Fresh Start Program

Default Prevention Resources

Avoid Debt Relief Scams