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Student Loan: 4 Key Dates To Know For Loan Forgiveness

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Millions of Americans could apply for student loan forgiveness in October. 

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For former students and those with active student debt, it is important to know the dates for applying for student loan forgiveness.

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Four key dates to know for loan forgiveness

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1. Beginning of October According to the US Department of Education, they will create a student loan forgiveness application by October. 

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The same US Department of Education created a website that allows loan borrowers to check the status of their forms and receive updates on the subject.

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The website name is ed. gov/ subscription

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2. November 15 3. December 31 The December 31 deadline for federal student loans ends the pandemic pause.

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Everyone should apply before making further payments.

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4. December 31, 2023 The Biden Administration stated that the payment pause was extended to December 31. 

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The payments will resume on January 1, 20,23, according to the Biden Administration. 

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Joe Biden announced student loan forgiveness for low-income, middle-class undergraduates with $10,000 (without Pell Grant) and $20,000 under the Pell Grant.

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