Preparing for the End of the Federal Student Loan Interest Holiday
The Federal Student Loan Interest Holiday is set to expire on January 31st, 2022. Laurel Road suggests that AOA members with federal student loans take the following steps to prepare:
- Check federal loan balance(s) and plan to begin making payments again.
- Check current interest rates and compare them to what you’re paying now.
- Re-strategize your repayment plan as needed.
To learn more about how to best take these steps and prepare yourself for the end of the Federal Student Loan Interest Holiday, read Laurel Road’s article “Are you ready for the end of the Student Loan Federal Interest Holiday?”.
Receive a Complimentary One-On-One Student Loan Consultation
In this 30-minute discussion, your student loan specialist will analyze your student loan portfolio and walk you through all your potential repayment strategies.
Student Loan Debt and Income-Driven Repayment Plans
Income-driven repayment plans have undergone significant changes in recent years, with legislative changes expanding their reach and making them even more accessible to borrowers. AOAExcel provides some key updates.
What ODs need to know about the Student Loan Payment Re-start & Debt Cancellation
Learn the steps you can take to prepare for the payment re-start and determine if you qualify for debt cancellation.