Student Loan Relief.Under the CARES Act, federal student loans automatically have their interest rates reset to 0% from March 13, 2020 through September 30, 2020. During this period, borrowers do not have to make payments and no interest will accrue.
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STUDENT LOAN RELIEF RESOURCES
Under the CARES Act, federal student loans automatically have their interest rates reset to 0% from March 13, 2020 through September 30, 2020. During this period, borrowers do not have to make payments and no interest will accrue.
Borrowers should log on to their student loan servicer’s website to access their account. The account should show that no payment is due. If the system is still showing a payment due, contact the servicer to confirm that a payment is not required.
Federal student loan servicers’ phone numbers and websites:
Borrowers should log on to their student loan servicer’s website to access their account. The account should show that no payment is due. If the system is still showing a payment due, contact the servicer to confirm that a payment is not required.
Federal student loan servicers’ phone numbers and websites:
- CornerStone: 1-800-663-1662
- FedLoan Servicing (PHEAA): 1-800-699-2908
- Granite State — GSMR: 1-888-556-0022
- Great Lakes Educational Loan Services, Inc.: 1-800-236-4300
- HESC/Edfinancial: 1-855-337-6884
- MOHELA: 1-888-866-4352
- Navient: 1-800-722-1300
- Nelnet: 1-888-486-4722
- OSLA Servicing: 1-866-264-9762
- ECSI: 1-866-313-3793