Biden administration extends student loan relief through January 31, 2022.

President Biden has announced a final extension of the student loan relief covered by the federal CARES Act. Borrowers will receive notification about this final extension and information about how to plan as the end of the pause approaches and payments restart in February 2022.

You should take steps NOW to get the greatest benefit from the current relief and to prepare for repayment. You also may be eligible for loan forgiveness or rehabilitation credit during this non-payment period. You have options. Learn more about your options then call your loan servicer to discuss the best option for YOU. Learn more about the federal payment relief, how to get the maximum benefit, and other student loan relief related to COVID-19.

Student Loan Resources

borrower bill of rights

Student Loan Borrower Bill of Rights

Student Loan Borrowers in New York State have rights to ensure they receive the best loan servicing possible.

financial aid forms

Financing Your Education

There are a number of sources of financial aid available to you, including: grants, scholarships, federal student loans, and private student loans.

piggy bank and money

Repaying Your Student Loans

Federal Student loan repayment will start approximately 6 months after the last day of your last semester. Private student loans have their own terms regarding in school deferment and repayment plans.

Student Workshops

Step Up For Students Workshops

DFS hosts free workshops throughout New York geared toward educating students about finances and managing loans. To learn more, send an email to [email protected]

Student Debt Relief Companies

Student Debt Relief Companies

Don’t pay companies for student loan counseling or debt reduction before learning how to get relief for free.


If you are having difficulty with a student-related financial product or service, you may file a complaint with DFS or contact our Consumer Hotline at (800) 342-3736.