How to prepare for student loan payments to restart
The COVID-19 Loan Payment Pause and 0% interest rates are ending.
Student loan interest will resume on Sept. 1, 2023, and payments will be due in October 2023.
1
know who your loan servicer is
To find out who your loan servicer is, visit your account dashboard and scroll down
to the "My Loan Servicers" section or call the Federal Student Aid Information Center
at 1.800.433.3243
2
update your contact information
Make sure your contact information is correct on your loan servicer's website and
StudentAid.gov
3
Review repayment plans
Contact your loan servicer if you would like to discuss repayment plan options or
change your repayment plan. You can get information about all of the federal student
loans you have received and find the loan servicer for your loans by logging in to
"My Federal Student Aid."
4
sign up for autopay
Never miss a payment. Sign up for automatic debit through your federal loan servicer
to have your payments automatically taken from your bank account
For additional information about student loan repayments, visit Federal Student Aid Restart.
Your Federal Loan history and loan servicer information is available at studentaid.gov and you can watch the video for information on how to easily view your information.