The student loan payment pause is extended until the U.S. Department of Education is permitted to implement the debt relief program or the litigation is resolved. Payments will restart 60 days later. If the debt relief program has not been implemented and the litigation has not been resolved by June 30, 2023 — payments will resume 60 days after that. We will notify borrowers before payments restart.
Know who you owe: Please reach out to your servicer to update contact information as necessary. Failure to pay may result in delinquency or default, both of which have negative consequences for your credit history. Remember there are various payment plans if you need assistance.
For more information, view the announcement about loan forgiveness or see additional information regarding the restoration of student loan repayment, including an FAQ.
Measuring the value of a college education includes more than the cost of tuition. Return on investment, graduate success rates and the time it takes to earn your degree are important considerations as well. We understand that deciding where to invest your time and resources on a college education is one of the most important decisions you will make.
We have put together many resources available below to help you navigate the financial aid process.