Announced August 24, 2022, President Biden, Vice President Harris, and the U.S. Department of Education have announced a three-part plan to help working and middle-class federal student loan borrowers transition back to regular payment as pandemic-related support expires. This plan includes loan forgiveness of up to $20,000. Many borrowers and families may be asking themselves “what do I have to do to claim this relief?” This page is a resource to answer those questions and more. There will be more details announced in the coming weeks. To be notified when the process has officially opened, sign up at the Department of Education subscription page. You'll have until Dec. 31, 2023 to apply.
FACT SHEET: President Biden Announces Student Loan Relief for Borrowers Who Need It Most
Stay informed by subscribing to the USDOE’s Federal Student Loan Borrower Updates here - https://www.ed.gov/subscriptions.
To review your student aid history, including loan balances and Pell Grant recipient status, login to your student aid dashboard at studentaid.gov, using your Federal Student Aid (FSA) ID, which consists of a username and password that you created when you first processed your FAFSA form.