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Oct 31, 2022 · President Joe Biden. Use Our Simple Tool to See If You Are Eligible. Am I Eligible? It’s easy as 1, 2, 3. Let’s Find Out. Understand the Benefits and Drawbacks of Consolidation, Including How it...
Apr 8, 2024 · Many borrowers would receive automatic debt relief for loan forgiveness programs that they are eligible for but have not successfully applied for, such as the Saving on a Valuable Education...
Apr 8, 2024 · The U.S. Department of Education (Department) is also releasing combined state-by-state totals for approved discharge across four existing major student loan forgiveness programs: Public Service Loan Forgiveness (PSLF), Income-Drive Repayment (IDR), Saving On A Valuable Education (SAVE), and Total and Permanent Disability (TPD).
Aug 22, 2023 · The SAVE plan will cut many borrowers’ monthly payments to zero, will save other borrowers around $1,000 per year, will prevent balances from growing because of unpaid interest, and will get more...
News about applications, processing, transition
News about federal student loans, student loan forgiveness, debt cancellation
News about Treasury, Federal Reserve, monetization
News about America, federal government, deficit spending
Feb 21, 2024 · February 21, 2024. Contact: Press Office, (202) 401-1576, press@ed.gov. The Biden-Harris Administration today is announcing that it will automatically discharge $1.2 billion in loans for nearly 153,000 borrowers who are eligible for the shortened time to forgiveness benefit under President Biden’s Saving on a Valuable Education (SAVE) Plan.
The Treasury Department, the Bureau of the Fiscal Service, and the Internal Revenue Service (IRS) rapidly sent out three rounds of direct relief payments during the COVID-19 crisis, and payments from the third round continue to be disbursed to Americans.
TREASURY OFFERS VARIOUS KINDS OF FINANCIAL ASSISTANCE, INCLUDING: Formula Grants. Block Grants. Loans. Direct Payments for Specified Use. Cooperative Agreements.
