How Student Loan Cancellation Works
What’s Being Forgiven: The forgiveness applies to all Federally-held Direct, Perkins, and FFELP loans, even if they’re currently in default. Pell Grant recipients are eligible for up to $20,000 in student debt cancellation if they earn less than $125,000...
Federal Student Loan Debt Relief and Repayment Resumption
Final Student Loan Payment Pause Extended Through End of the Year The Biden-Harris administration has extended the student loan payment pause for the final time until December 31, 2022. Repayment is scheduled to resume on January 1, 2023. There is still time to enroll...
Join IonTuition Sept 2 to Evaluate Student Debt Relief Updates
Below is a summary of Federal Student Aid’s explanation of the Biden administration’s updates to student debt relief with our recommendations. The Repayment Pause Extended for the Last Time The pause on student loan repayment due to expire on August 31 has...
Federal Student Loan Payments Scheduled to Resume August 31, 2022
Currently, the payment pause is scheduled to end on August 31, 2022 IonTuition is closely monitoring notifications from the Education Department and reputable media outlets regarding the current payment pause for federal student loans. The payment pause includes a...