Interest on all student loans held by the Federal Government Waived due to COVID-19

Summary of Keypoints

• Relief measure announced: Interest on all student loans held by the Federal Government was waived due to COVID-19, providing temporary financial relief to borrowers.
• Eligibility confirmation: Borrowers are instructed to contact their loan servicer online or by phone to confirm whether their loans qualify for the interest waiver.
• Finding your loan servicer: Individuals who do not know their loan servicer can locate this information through StudentAid.gov or by calling 1-800-4-FED-AID.
• Official guidance available: StudentAid.gov provides additional details and a Q&A explaining how COVID-19 relief measures affect federal student loans.

Contact your loan servicer online or by phone to determine if your loans are eligible. Your servicer is the entity to which you make your monthly payment. If you do not know who your servicer is or how to contact them, visit StudentAid.gov/login or call 1-800-4-FED-AID.

See link below for more information from studentaid.gov, including Q&A.

https://studentaid.gov/announcements-events/coronavirus