A federal court issued an injunction preventing the U.S. Department of Education from implementing the Saving on a Valuable Education (SAVE) Plan and parts of other income-driven repayment (IDR) plans.
The U.S. Department of Education is notifying borrowers with loans in the SAVE forbearance that interest will begin accruing again starting August 1, 2025.
Visit studentaid.gov/SAVE for details, including how to stay on track for Public Service Loan Forgiveness and Income Driven Repayment Forgiveness.
Whether you are still in school, in grace, or ready to start repayment, we are here for you.
Helpful InfoWe want to make this transition as smooth as possible while your loans are transferred to us.
Representatives are available Monday 8am - 11pm, Tuesday - Friday 8am - 8pm, Saturday 10am - 2pm Eastern Time
