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.
To understand what type of information your student loan provider collects, and what they do with this information, please read the appropriate Privacy Notice for the holder associated with your loan(s) by clicking on the link(s) below.
If you would like us to mail you a copy of your loan holder’s privacy policy, please call us at 1-800-337-6884.
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