Register Now: Preparing for the End of the Student Loan Payment Holiday Workshop

January 31, 2022
After multiple extensions, the Student Loan Payment & Interest Holiday is coming to an end on May 1, 2022. Learn how to prepare for the end of this Holiday at the AOAExcel Workshop.
Preparing for the End of the Student Loan Payment Holiday Workshop

After multiple extensions, the Student Loan Payment & Interest Holiday is coming to an end on May 1, 2022. This means, thousands of AOA members may be required to resume payment and may begin accruing interest on federally held student loans for the first time in almost 2 years. AOAExcel has teamed up with Laurel Road to provide a free workshop to assist AOA members in preparing for the end of the Student Loan Payment Holiday.

This live-event workshop will cover topics such as:

  • How to lower your monthly payments
  • How to get your loans out of default
  • Navigating student loan servicer changes
  • What to look for in a refinancing lender
  • How to re-start auto-payments
  • Avoiding student loan debt scams
  • How to receive a 0.25% rate discount 1 as an AOA member

In addition, AOA members can bring their own individual questions about student loans and have them answered live during the workshop. AOAExcel will also be giving away an attendance prize of a Nike Dri-Fit® Zip-Up!


“AOAExcel helps AOA members thrive and succeed in every aspect in their lives whether it’s in their practice or professional lives,” said AOAExcel Chairman of the Board Samuel Pierce, O.D. “AOAExcel is proud to partner with a great company like Laurel Road who specializes in providing physicians the education and tools to navigate this topic.” 

What is the Student Loan Payment Holiday?

Back in March 2020 Congress passed the CARES Act which suspended student loan payments, stopped the collection on defaulted loans and reduced the interest rate to zero on qualifying federal student loans (sometimes referred to as the Student Loan Payment Holiday, Student Loan Federal Interest Holiday or Student Loan Payment Freeze) in order to provide relief during the start of the pandemic. Originally, this payment & interest freeze was set to expire on September 30, 2020. However, this deadline has been extended several times throughout 2021 with the potential of a final extension ending on May 1, 2022.

What Happens Next?

On May 2, 2022 all payments on federal student loans may resume their pre-pandemic schedule and interest may once again begin accruing on these loans. All loan holders will be expected to resume their repayment plans. If you were enrolled in an auto-pay plan you will need to check with your lender to see if there are additional steps that need to be taken to re-start your payments. In addition, a loan holder will no longer be protected if they miss a payment and default on a loan.

Have additional questions? Be sure to attend AOAExcel’s Student Loan Payment Holiday Workshop on Tuesday, February 15, 2022. AOAExcel & Laurel Road encourage AOA members to bring their own questions to the workshop or email questions to ahead of time.

Are you ready to refinance now? Check your rates in less than 5 minutes without any effect on your credit score 2 or easily apply online today.


All credit products are subject to credit approval. Laurel Road is a brand of KeyBank National Association. All products offered by KeyBank N.A. Member FDIC.
1The 0.25% American Optometric Association (AOA) member interest rate discount is offered on new student loan refinance applications from active AOA members. The AOA discount is applied to your monthly payment and will be reflected in your billing statement. The discount will end if the AOA notifies Laurel Road that the borrower is no longer a member. This offer cannot be combined with other member or employee discounts.
2Checking your rate with Laurel Road only requires a soft credit pull, which will not affect your credit score. To proceed with an application, a hard credit pull will be required, which may affect your credit score.

Related News

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.

Register: AOAExcel to provide free Student Loan workshop to AOA members

Bring your own questions regarding the student loan payment restart to this live event, hosted by AOAExcel.

Optometrists and student loan debt cancellation: What you need to know

Learn if you qualify for federal student loan debt cancellation, the next steps to take, and how to control your student loan debt if you don't.