Since March 13, 2020 repayment on most federal student loans have been paused with a 0% interest rate. The student loan payment pause will end 60 days after the litigation over the student debt relief program is resolved OR August 29, 2023 (whichever is sooner). More information about the payment pause and the status of the student debt relief program is available at www.studentaid.gov.
Included below is content that was designed to aid borrowers who will begin/resume repayment later this summer.
- How to Prepare for Successful Student Loan Repayment
- How to Pick the Right Repayment Plan
- Tips & Tricks to Prepare for Student Loan Repayment
- Topic Index for Helpful Student Loan Content
- Avoiding Student Loan Scams
Drake’s Financial Aid Office is available to assist with questions related to federal student loan repayment. Contact us if we can be of service!
— Ryan Zantingh, Director of Financial Aid