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Even though borrowers have until Dec. 31, 2023, to apply for student loan forgiveness, many are not waiting to start the application process. By applying now, borrowers who received Federal Pell...
Before calling your loan provider to request your refund, you need to know your account number and the amount you want refunded. —Loan servicers’ phone numbers: FedLoan Servicing : 1-800-699-2908
Find out more about the IDR plan request here. Is there a deadline for applications? The application period for student loan forgiveness will close on 31 December 2023. How to avoid student loan scams
To date, the loan forgiveness approved by the Biden-Harris government totals $136.6 billion in aid for 3.7 million American borrowers, according to the U.S. Department of Education (ED).Relate
That figure rises to up to $20,000 in student loan cancellation for Pell Grant recipients. If you are a dependent student, your eligibility is based on your parental income.
More than 40 million borrowers are eligible for student debt relief, which includes $10,000 in cancellation along with an additional $10,000 in loan forgiveness for Pell Grant recipients.