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
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]