Federal Student Loan Payment Moratorium Extended to June 30, 2023
The moratorium on federal student loan payments and interest has been extended to June 30, 2023. The payment pause covers all federally held student loans, regardless of what company is servicing the loan. Eligible student loans include:
- Direct federal student loans
- Federal Family Education Loan (FFEL) Program loans held by the Department of Education
- Federal Perkins Loans held by the Department of Education
- Defaulted FFEL loans not held by the Department of Education
- Defaulted Health Education Assistance Loans (HEAL)
Student loans that are not eligible include:
- Nondefaulted FFEL loans not held by the Department of Education
- Federal Perkins Loans not held by the Department of Education
- Nondefaulted HEAL loans
- Private student loans
If your student loans are eligible, payments and interest were automatically paused on March 13, 2020. If you're not sure whether your loan payments are paused or not, contact your loan servicer.
December 2022