![]() ![]() If your account becomes 30 or more days past due, FSA requires that we reapply the administrative forbearance (payment pause). No interest will accrue through the end of the payment pause. You'll receive either online or paper billing statements, depending on your communication preference you have selected on your account. By opting out, payments will be due every month going forward. If you want to opt out of the COVID-19 payment pause to take advantage of the 0% interest.You can get a refund for any payment, including those through Auto Pay, you make during the payment pause (which started March 13, 2020).To request a refund, please.Log in to your account to make a payment. If you wish to make payments to reduce your loan's balance, you can do so anytime during the COVID-19 payment pause.IDR plan annual recertification due dates occurring between now and six months after the payment pause ends will be pushed out by one year.įor example, if your IDR recertification was due on December 1, 2022, the new recertification date is December 1, 2023. ![]() IDR recertifications are now due no earlier than six months after the payment pause ends.Some of these will apply to all borrowers, and some will apply to borrowers in particular circumstances. Here are some things to keep in mind during the payment pause. Offsite pages on Federal Student Aid's (FSA) website. For more information, review the COVID-19 Months during which payments are paused and/or not due count toward income-driven repayment (IDR)įorgiveness and Public Service Loan Forgiveness (PSLF) as long as you meet all other qualifications.
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