How will Coronavirus/COVID-19 affect my federal direct loan repayment?

All Federal Direct Student Loan payments are suspended until Sept. 30, 2021.

You should also contact your federal direct loan servicer(s) directly to find out about additional information.

I borrowed from a private lender, how will Coronavirus/COVID-19 affect repayment?

If you have borrowed private loans, you should contact the specific private lender to find out about your options. 

IF i DON'T RETURN NEXT SEMESTER, WILL MY LOANS GO INTO REPAYMENT?

You have a 6-month grace period from the date you withdraw or drop to less than half-time enrollment before repayment begins.

i was impacted by coronavirus/covid-19.  do I still need to complete exit counseling?

Yes, you should complete Exit Counseling to let your servicer aware of your status and apply any Coronavirus/COVID-19 relief available.  If you do not know who your loan servicer is, you can find more information on StudentAid.gov, along with loan servicer contact information.

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