Forbearance Archives

Whether or not to make payments during the CARES Act forbearance on direct federal loans

Jun 23, 2020 | Employers, Student Loan Repayment Assistance

The CARES Act, signed into law on March 27, 2020, includes a broad range of provisions designed to help Americans whose everyday lives were dramatically altered by the COVID-19 pandemic. Among other measures, the Act provides relief for federal student loan borrowers,...

How Long Can you Postpone your Student Loan Payments?

May 14, 2018 | Financial Literacy

Under certain conditions, you may be able to postpone your student loan payments for up to 3 years. However, in most instances where you qualify for deferment or forbearance, you’ll receive temporary relief for up to 6 months with the option to reapply. How to...

Hurricane Matthew – Disaster Relief and Student Loan Repayment

Oct 7, 2016 | Financial Literacy, News

Hurricane Matthew is the most powerful storm to hit the US in over a decade and is anticipated to continue moving up the east coast through Sunday, October 9. Those impacted by the storm may have access to a range of federal aid based on the effects they experience,...