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March 3, 2021
Question

Is the student loans able to take all of the federal refund this year

  • March 3, 2021
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March 3, 2021

Your tax refund will not be offset this year to pay for your student loans.

 

On March 20, 2020, the office of Federal Student Aid began providing the following temporary relief on ED-owned federal student loans: suspension of loan payments, stopped collections on defaulted loans, and a 0% interest rate.

 

On Jan. 20, 2021, the COVID-19 emergency relief measures were extended on ED-owned federal student loans through Sept. 30, 2021.

 

Please read this Department of Education document.

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