Student Federal Loan Repayment and Covid19

College Success Life, Information Literacy, Student Financial Aid


Officially enacted on March 27, 2020, the Cares Act provides broad repayment relief for federal student loan borrowers.

As a result of the Covid19 national emergency, federal student loan repayments will be placed into administrative forbearance (temporary suspension of payments) for a limited time period.

Private student loans are exempt from this benefit.

If you’re unsure about the type of student loans you have, some people have both federal and private, then contact your loan servicer for details and whether or not this benefit applies to you.federal student loan repayments

Important Points to Know

Your student loan payments will automatically stop from March 13, 2020, through Sept. 30, 2020.

During that time period, the interest rate is 0% on the following types of federal student loans owned by ED:

  • Defaulted and nondefaulted Direct Loans
  • Defaulted and nondefaulted FFEL Program loans
  • Federal Perkins Loans

Administrative forbearance means an official temporary suspension of payments by the Federal Government.

Under administrative forbearance, you can either opt-out of making payments during the time period listed above or you can continue making payments manually.

Important Note:  During this time period, automatic debit payments will be suspended. 

So if you decide to continue making payments, you will have to go online to make the payment manually and/or mail your payment to the loan servicer.

Federal student loan payments made during this time period will be applied fully to the loan principal…no interest!


federal student loan repaymentsA detailed question and answer section is provided at very close attention to the student loan repayment options.

Contact your loan servicer online or by phone to determine if your loans are eligible. Your servicer is the entity to which you make your monthly payment.

If you do not know who your servicer is or how to contact them, visit or call us at 1-800-4-FED-AID (1-800-433-3243; TTY for the deaf or hearing-impaired 1-800-730-8913) for assistance.

A Word to the Wise...

Whenever a college student faces an academic and/or social challenge, they often ask a peer or a friend first for advice. And that’s okay.

However, resolving the issue to your best advantage often requires consulting with an academic advising professional as well.

Your academic adviser knows the campus academically, administratively, and socially.

And what they don’t know, they can point you to the person who does know.  Include this strategy in your current plan for college success.

And we're always available to help as well!

Disclaimer Reminder: A college student's first line of inquiry should always be with their campus academic adviser. College Success Life Advising Sessions provide additional problem-solving options to undergraduate and graduate students for further exploration on their individual campuses. Students should always consult their assigned adviser not only during the course selection process but periodically to keep apprised of programmatic changes, testing requirements, course additions/deletions, GPA modifications, etc.

Affiliate Disclosure: This blog site is partially supported by affiliate links and Amazon Associates.  If you purchase via our links, we may make a referral fee – at no cost to you. Thanks for supporting our free content!  And don't forget to share this post!


You can unsubscribe at any time by clicking the link in the footer of our emails. For more information, please review our privacy practices.