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The original item was published from 10/24/2022 9:17:46 AM to 1/1/2023 12:00:10 AM.

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Posted on: October 24, 2022

[ARCHIVED] Student Loan Debt Relief

Student Debt Loan Relief

APPLY FOR FEDERAL STUDENT LOAN DEBT RELIEF.  This one-time debt relief is provided by the U.S. Department of Education (ED) as part of the Biden-Harris Administration student debt relief plan. It’s a program that provides eligible borrowers with full or partial discharge of loans up to $20,000 to Federal Pell Grant recipients and up to $10,000 to non-Pell Grant recipients.  

WHO QUALIFIES?
>> Individuals who made less than $125,000 in 2021 or 2020
>> Families that made less than $250,000 in 2021 or 2020

APPLICATION IS OPEN, BUT DEBT DISCHARGE IS PAUSED.  Apply today but no later than Dec. 31, 2023.  As a result of a court order, the processing of debt discharges is temporarily blocked. You are encouraged to apply if you are eligible; applications will continue to be reviewed.

LEARN MORE at https://studentaid.gov/manage-loans/forgiveness-cancellation/debt-relief-info

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