great lakes student loans coronavirus

Servicemember Support - We're Here for You. new amounts and selecting new payment dates. Dear Great Lakes Credit Union Member, We place the health and safety of our members and employees at the highest priority amid concerns regarding the spread of the coronavirus (COVID-19). To do so, go to Payments > Auto Pay and modify your settings by entering If you have student loans owned by the U.S. Department of Education, we’re happy to share that the administrative forbearance and 0% interest rate have been extended to Jan. 31, 2021, to provide relief during the COVID-19 emergency. You can also mail payments to the U.S. Department of Education, P.O. Know Your Repayment Options. Don't Pay for Student Loan Help That's FREE. As the coronavirus affects Americans' finances, the federal government has put federal student loans in forbearance. Top Six Ways to Reduce What You Owe. we support your dreams » I'm in school. and March 31, 2021, are all now due no sooner than March 31, 2021. Box 790321, St. Louis, MO 63719-0321. On March 27, the Trump administration also signed a coronavirus stimulus package that delayed loan repayment on federal student loans until September of 2020. What are the major changes in … It's our goal to provide the best service possible to you. Top Six Ways to Reduce What You Owe. Great Lakes student loans service is one of the finest and largest loans handling service in the country. satisfy the interest owed prior to March 13th. It’s time to answer your most pressing questions about student loans and the Coronavirus. The following questions will help us determine If you opt out, payments will be due every month going forward, and you'll receive either online Great Lakes Helps With Student Loans. While you can apply for IDR or a deferment while the COVID-19-related administrative forbearance is in place, your request would NOT take effect until Student loan borrowers will be able to suspend their federal student loan payments without penalty and without accruing interest for at least 60 days, the Department of Education said Friday. How to Make a Student Loan Payment. For example, if your loans entered repayment on April 15, 2020, you will receive a Considering Consolidation? If you are on an IDR plan and your income or household income has changed significantly, you can update your information and get a new payment amount based on your current income. You can visit StudentAid.gov to see a list of our trusted federal student loan servicers, all of which are fully vetted. If you consolidate, you will also lose credit for any qualifying IDR or PSLF payments you may have previously made. Considering Consolidation? The number of months your loan(s) remains in the COVID-19-related administrative forbearance will continue to count toward income-driven repayment (IDR) forgiveness and Public Service Loan Forgiveness (PSLF), provided all other qualifying factors are met, even though no payments are required through January 31, 2021. set interest rates to 0% for a period of 60 days, Check your account balance and loan status, Request a repayment plan change, such as income-driven repayment (IDR), Get your IRS Form 1098-E for the amount of student loan interest you paid last year. loans enter repayment between March 13, 2020, and January 31, 2021. If you want to make payments during the COVID-19-related administrative forbearance, simply do so, visit StudentAid.gov/idr, choose "Apply Now," and then Important Coronavirus (COVID-19) Information. Servicemember Support - We're Here for You. Yes, your loans will be placed into administrative forbearance. payment amount. Borrowers would have to contact their student loan servicers to … If you wish to make payments, you can do so anytime during the COVID-19-related administrative forbearance. Top Six Ways to Reduce What You Owe. You can also make one-time payments online by logging in to your account and selecting Pay Online or by using our mobile app. To opt out, you can contact us. Learn more: https://bit.ly/3qtiIBy Great Lakes is a Servicer to Federal Student Aid. The Trump administration suspended mandated standardized testing and offered loan relief to student borrowers, as the coronavirus shut down education. Read Ascendium Education Solution’s COVID-19 Response. Top Six Ways to Reduce What You Owe. You need a low monthly payment amount; however, you may want to consider an income-driven option instead. Great Lakes Helps With Student Loans. Don't Pay for Student Loan Help That's FREE. If you have qualifying student loans, you do not need to take any action to have benefits from the CARES Act applied. You can also visit FSA's COVID-19 information page at StudentAid.gov/coronavirus. Know Your Repayment Options. Danielle Douglas-Gabriel. Great Lakes Educational Loan Services incorrectly reported student loan payments to the credit bureaus, affecting some borrowers’ credit scores. You have a network of support to help you succeed with your federal student loan repayment. The information you have entered is incorrect or has expired. A non-capitalizing administrative forbearance was applied to your account to bring it up to date before the COVID-19-related administrative forbearance was These benefits were applied automatically, effective March 13, 2020. Great Lakes student loan servicer Invest in Your Future. On March 20, 2020, the U.S. Secretary of Education directed FSA to provide the following relief on ED-owned federal student loans: On March 27, 2020, Congress passed, and the president signed into law, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which provides for the above relief measures through September 30, 2020. monthly payments will resume at the new amount. Mobile App for Your Student Loans. There is no penalty for partial (less than the normal regular payment through Auto Pay will be after the forbearance ends on January 31, 2021. (The VIP Security Token allows you to generate your long-term security code). Student Store (Bldg. How to Make a Student Loan Payment. Considering Consolidation? Cancer treatment deferment annual recertification due dates occurring between March 13, 2020, Exiting the COVID-19-related administrative forbearance will not cause outstanding interest to capitalize. StudentAid.gov/idr, choose "Apply Now," and start the Please contact us so we can look at your specific circumstances. Danielle Douglas-Gabriel. Great Lakes. Important Coronavirus (COVID-19) Information. Important Coronavirus (COVID-19) Information. Please note that prior to the end of this administrative forbearance, we'll reach out to tell you how much your scheduled monthly No interest will accrue through January 31, 2021. Mobile App for Your Student Loans. Dear Great Lakes Credit Union Member, We place the health and safety of our members and employees at the highest priority amid concerns regarding the spread of the coronavirus (COVID-19). Borrowers, confused about coronavirus student loan relief, get little help Education Department (iStck) (iStock) By . Continuing to make payments through January 31, 2021, could help you pay down your loan balance more quickly because the full amount of a January 31, 2021. 73K likes. Servicemember Support - We're Here for You. President Trump said Friday that he had waived all federal student loan interest “until further notice” amid the coronavirus outbreak. Learn more at www.mygreatlakes.org. If you apply now, you may also get your application processed before the potential rush of applications when payments resume. By Ed O'Keefe March 25, 2020 / 1:31 PM / CBS News applied effective March 13, 2020. Covid-19 : Illinois colleges should not COVID-19 superspreaders, information reveals Even because the area enters its worst interval of the ... Students. Servicemember Support - We're Here for You. You have a network of support to help you succeed with your federal student loan repayment. Log in to find information unique to your situation », Important Coronavirus (COVID-19) Information, Don't Pay for Student Loan Help That's FREE, Servicemember Support - We're Here for You. Borrowers would have to contact their student loan servicers to … 1. Our call centers are fully staffed by our associates who are working from the safety of their home. If your next cancer treatment deferment recertification was originally scheduled to occur on February 15, 2021, it is now scheduled for February 15, 2022. We support big dreams. Our hours of operations are Monday - Friday 7:00 a.m. to 9:00 p.m. Central time. Support You Can Trust. Important Coronavirus (COVID-19) Information. of Education, P.O. Have you received an email with your User ID, temporary Password and temporary Security Code? However, if you had any accrued interest as of March 13, 2020 (when the COVID-19-related administrative forbearance began), your outstanding interest may It handles about 1 in every 4 student’s loan issued by federal government. Great Lakes Helps With Student Loans. To set up your account, you will need a User ID, temporary password, temporary security code, and No payments for six months.You will not have to make payments on your federally held student loans for six months (through September 30, 2020). Here’s what you need to know. Mobile App for Your Student Loans. Immediately, Great Lakes began researching these borrower accounts and determined there was an inconsistency between Great Lakes reporting and that of other student loan servicers. Knowledge Center Read About Student Loan Relief Due to COVID-19 › Know Your Loan Repayment Options › Disaster Happen Near You? Have you downloaded the VIP Access application? administrative forbearance. Mobile App for Your Student Loans. Great Lakes Educational Loan Services, Inc. The Coronavirus Aid, Rel We will send notification of your new recertification due date before it is time to recertify. Be sure to include your Payment Reference Number on your check. You can make payments during the forbearance and prior to entering repayment if you wish to The Commissary is OPEN. Don't Pay for Student Loan Help That's FREE. Great Lakes Educational Loan Services, along with the U.S. Department of Education (ED) office of Federal Student Aid (FSA), is monitoring relief measures for federal student loans pertaining to the COVID-19 pandemic national emergency. I'm repaying my student loans. Considering Consolidation? The health and well-being of our associates and customers is very important to us. How to Make a Student Loan Payment. Auto Pay is suspended during the COVID-19-related administrative forbearance. Student Loans: Q&A . Here's what this means for your federal student loan(s): Great Lakes will continue to keep you informed on this page if the incoming presidential administration or Congress extends these relief measures further or makes additional changes to federal student loan policy. Don't Pay for Student Loan Help That's FREE. Know Your Repayment Options. We're in this together. Don't Pay for Student Loan Help That's FREE. Top Six Ways to Reduce What You Owe. You can also mail payments to the U.S. Department monthly payment amount) payments during the forbearance. outstanding student loan debt in either Direct or FFELP loans. Some of these will apply to all borrowers, and some will apply to borrowers in particular circumstances. My Great Lakes COVID-19 Updates. Great Lakes Educational Loan Services NMLS ID# 218642, how Federal Student Aid partners with loan servicers, list of our trusted federal student loan servicers. Under the CARES Act, which was passed in response to economic hardship caused by the coronavirus (COVID-19) pandemic, federal student loan borrowers do not have to make payments for a … No. Continue Reading. Example 2: When the administrative forbearance ends on January 31, 2021, you will be placed back into the cancer treatment deferment. are prepared to serve our customers as the situation evolves with the COVID-19 pandemic. Mobile App for Your Student Loans. On December 4, 2020, the U.S. Secretary of Education directed FSA to extend these relief measures through January 31, 2021. With more than $1.6 trillion in student loan debt, no doubt many people are looking for payment relief during the pandemic. Top Six Ways to Reduce What You Owe. You have a longer amount of time to pay back your loan, resulting in lower payments. Important Coronavirus (COVID-19) Information. former students. You can call us at (800) 236-4300 for What are the major changes in … Borrowers, confused about coronavirus student loan relief, get little help Education Department (iStck) (iStock) By . a Symantec VIP device or app to generate your long-term security code. After the administrative forbearance ends on January 31, 2021, your For everyone complaining about the 0% interest rate not kicking in immediately, please read the update from 3/30. Great Lakes is a Servicer to Federal Student Aid. What student loan borrowers should know. 5 comments. COVID-19 scams targeting college students. ISTANBUL — Turkey’s president on Monday introduced the nation’s most widespread lockdown to this point amid a surge in COVID-19 infections, extending curfews to weeknights and placing a full lockdown in place over the weekends.. Talking after a Cupboard assembly Monday, Turkish President Recep Tayyip Erdogan stated a curfew can be carried out on weekdays between 9:00 pm … Trump battles to soften the economic impact of the COVID-19 pandemic with a 60-day suspension on federally held student loans. Important Coronavirus (COVID-19) Information. According to the Coronavirus Aid, Relief and Economic Security (CARES) Act, loan providers are required to automatically suspend federal loan payments and … We'll notify you via mail or email to remind you that you will need to start making payments again. Democratic Rep. Ayanna Pressley has joined other Democratic lawmakers in calling for the next coronavirus relief package to cancel student loan debt. Get help logging in. avoid capitalization of some or all of the outstanding interest that accrued on your loans prior to March 13, 2020. Trump: Federal student loan borrowers can suspend payments for 60 days. The CARES Act offers coronavirus student loan relief to borrowers’ financial stress and hardship caused by the COVID-19 pandemic. With the coronavirus pandemic spreading throughout the United States and crippling the economy, Congress moved quickly to approve a $2 trillion … Great Lakes Educational Loan Services, Inc. 2401 International Lane Madison, WI 53704 Toll-free: (800) 236-4300 (800) 982-7850 » Secure Email » Accessibility Options. capitalize after January 31, 2021. 1. Know Your Repayment Options. Your account will be updated to reflect the new extension, and you will not have to make payments through January 31, 2021. coronavirus. You can visit StudentAid.gov to see a list of our trusted federal student loan servicers, all of which are fully vetted. Click to learn how GLCU can serve you. May 27, 2020. by Ari Lazarus Consumer Education Specialist, FTC Hey college students: even though you’re likely far from campus, scammers are still trying to find you. Considering Consolidation? coronavirus. Here is a list of student loan servicers for federal student loans that the U.S. Department of Education owns. We’ve been believers in the boundless power of education for more than 50 years. Paying, and paying, and paying payday loans. We're Great Lakes Higher Education Corporation & Affiliates, a non-profit organization helping people repay their student loans in partnership with the U.S. Department of Education. Note that entering repayment is a capitalization event, which means any interest that accrued on your loans prior to March 13 will be capitalized 2. How to Make a Student Loan Payment. Know Your Repayment Options. Great Lakes Helps With Student Loans. Great Lakes is among the largest servicers of federal student loans and services student loans for approximately 8 million customers. Find out how Federal Student Aid partners with loan servicers to be here when you need help. 400) is Open to Active Duty Only . On December 4, 2020, the U.S. Secretary of Education directed FSA to extend federal student loan relief measures through January 31, 2021. During this time no interest is accruing and no payments are due (unless you opted out of the forbearance). Visit StudentAid.gov/coronavirus for updates. How to Make a Student Loan Payment. (CNN) — People with student loans will get another month of relief after Education Secretary Betsy DeVos extended the pause on student loan payments through Jan. 31. Note, you will not receive a monthly Danielle Douglas-Gabriel. We're here if you need us. No interest will accrue (accumulate).The interest rate on your federally hel… Mobile App for Your Student Loans. Click here. or paper billing statements, depending on your communication preference you have selected on your account. To Here are some things to keep in mind during this forbearance period. Yes. We support big dreams. (The VIP Access application allows you to generate your long-term security code). This enables you to have payments of the amount you specify withdrawn while you're still in the COVID-19-related Know Your Repayment Options. Servicemember Support - We're Here for You. UPDATE 3/25/20. Top Six Ways to Reduce What You Owe. Know Your Repayment Options. You can find updates from My Great Lakes here online, but here are all up the updates so far. Servicemember Support - We're Here for You. We've been taking proactive steps to protect our associates and communities and Box 790321, St. Louis, MO 63719-0321. I'm the parent of a student. current students. Federal student loan flexibilities for the COVID-19 emergency have been extended through January 31, 2021. Don't Pay for Student Loan Help That's FREE. Since 1967, we’ve helped millions afford college by connecting them with solutions that fit their life. Tax break to help employers ease student loan debt included in $2 trillion stimulus package. 73K likes. Great Lakes is aware of the pending Coronavirus Aid, Relief, and Economic Security (CARES) Act. We are updating our websites and systems as quickly as possible to explain the types of relief now available for federal student loans held by the Department of Education. Great Lakes Educational Loan Services, Inc. 2401 International Lane Madison, WI 53704 Toll-free: (800) 236-4300 We are actively monitoring the rapidly changing developments surrounding COVID-19 to safeguard the well-being of our membership and staff. February 1, 2021, which is the day after the administrative forbearance ends. The interest rate on all U.S. Department of Education (ED) held student loans serviced by FedLoan Servicing have been temporarily reduced to 0% through January 31, 2021. paying before you consolidated your loans. Here is the latest on student loans amid the coronavirus pandemic: There will be a six month pause on student loan payments, from March 13 … The CARES Act offers coronavirus student loan relief to borrowers’ financial stress and hardship caused by the COVID-19 pandemic. Great Lakes Helps With Student Loans. Learn more at www.mygreatlakes.org. Mobile App for Your Student Loans. Student Loans: Q&A . However, if you consolidate, after the 0% interest rate period ends on January 31, 2021, the interest rate on your loan may be higher than what you were … will not be due until after January 31, 2021. If you opt out of the forbearance and then experience a change in income, please contact us as soon as possible to A lawsuit alleges that Great Lakes Education Loan Services reported suspended payments as “deferred” instead of current for millions of federal student loan borrowers. Please know that you can also access your accounts 24/7 on our website, mobile app, or automated voice response system to: Find answers to other questions you may have in our Knowledge Center. This means that your first payment You can expect to pay more in interest because you’re taking longer to pay back your loan. Federal student loan flexibilities for the COVID-19 emergency have been extended through Jan. 31, 2021. We are a nonprofit organization that serves as a student loan guarantor offering counseling and financial literacy information, a provider of student success tools and a philanthropy with a focus on helping more people from low-income backgrounds achieve their postsecondary and workforce training goals. Learn what we are doing to support you during this difficult time. If you have questions, call us at (800) 236-4300 or TTY: 711. If you’re not sure who is your student loan servicer, you can call Federal Student Aid at 1-800-433-3243. We appreciate your patience. New Message For Direct Loan Borrowers Serviced by MOHELA: Federal student loan flexibilities for the COVID-19 emergency have been extended through Jan. 31, 2021. How to Make a Student Loan Payment. Important federal student loan payment flexibilities! Yes. Applying now may help you by allowing you to base your IDR on your current income. application. Read About Student Loan Relief Due to COVID-19 ... Great Lakes Educational Loan Services NMLS ID# 218642 NMLS Consumer Access. Here’s what you need to know. forbearance from April 15, 2020, through January 31, 2021, and the interest rate on your loan will be 0% during this period. Great Lakes Helps With Student Loans. Watch the Ascendium Brand Video Get video transcript. We encourage you to check FSA's page regularly, as it includes information about relief to federal student loan borrowers, including those who have defaulted on their federal student loans. Be sure to include your Payment Reference Number on your check. Considering Consolidation? 2401 International Lane Madison, WI 53704. Applied retroactively to March 13, 2020, to Sept. 30, 2020, here are the steps the CARES Act takes to aid and protect borrowers with federally-held student loans: All payments due are suspended. Considering Consolidation? In addition, when you consolidate, any outstanding interest will be added to your principal balance (capitalized). Get Loan Help. Adjust Contrast ( Press C ) Text Size ( Press T ) Sitemap ( Press S ) Accessibility Statement ( Press A ) Close Toolbar ( Press Escape ) Need help? You will receive a billing statement about three weeks before your payment is due showing your due date and the Great Lakes Helps With Student Loans. Example 1: where you are in the set-up process. Great Lakes in based in Madison, Wisconsin and has been in business since 1967. Measures through January 31, 2021 should not COVID-19 superspreaders, information reveals because. Selecting new payment dates is time to answer your most pressing questions about student loan servicers to be here you. With your User ID, temporary Password and temporary Security code ) » Accessibility Options is aware the... To safeguard the well-being of our membership and staff monthly payment amount for any qualifying or... Payments to the public between 1300-1500 on Tuesday and Thursdays until further notice ” the... Any time to see a list of student loan borrowers can suspend payments for 60 days particular. The area enters its worst interval of the amount you specify withdrawn while you 're still in the.... Partners with loan servicers to … great Lakes Educational loan Services incorrectly reported student servicers! The well-being of our trusted federal student loan borrowers can suspend payments 60. The administrative forbearance are currently set to expire on January 31, 2021 News Read Ascendium Solution... The public between 1300-1500 on Tuesday and Thursdays until further notice may have previously.! Membership and staff get your application processed before the potential rush of when... Loans service is one of the COVID-19 pandemic with a 60-day suspension on federally held loans. Lose credit for any qualifying IDR or PSLF payments you may want to consider an income-driven option instead Department... Enables you to generate your long-term Security code ) Education Department ( iStck ) ( ). Any qualifying IDR or PSLF payments you may want to continue Auto Pay is suspended during the.! Call centers are fully staffed by our associates and customers is very Important to us PSLF payments you also! Re not sure who is your student loan servicers to be here when you need help Central time many. Consumer Access email with your federal student loan flexibilities for the COVID-19 pandemic debt included in $ trillion! With loan servicers for federal student loan repayment, P.O the 0 % interest rate not in... Its worst interval of the amount you specify withdrawn while you 're still the... Our mobile app interest “ until further notice ” amid the coronavirus for payment relief during the COVID-19-related administrative,! Long-Term Security code to answer your most pressing questions about student loan repayment Options › Disaster Near. Information reveals Even because the area enters its worst interval of the forbearance ) Thursdays. Can look at your specific circumstances VIP Access application allows you to generate your long-term Security code FSA COVID-19. Power of Education, P.O to federal student Aid pressing questions about student debt! Debt, no doubt many people great lakes student loans coronavirus looking for payment relief during the COVID-19-related forbearance! Time no interest will accrue through January 31, 2021 are actively monitoring the rapidly changing surrounding... Email to remind you That you will receive a great lakes student loans coronavirus statement about weeks! Wi 53704 for partial ( less than the normal regular monthly payment.... Accrue through January 31, 2021, resulting in lower payments at 1-800-433-3243 the coronavirus! Student Aid ) 982-7850 » Secure email » Accessibility Options continue Auto Pay modify. Have questions, call us at ( 800 ) 982-7850 » Secure email Accessibility... Operations are Monday - Friday 7:00 a.m. to 9:00 p.m. Central time ) payments during the pandemic the largest of... Have you received an email with your User ID, temporary Password and great lakes student loans coronavirus Security code.! Credit scores, you can log in to your principal balance ( capitalized ) at 1-800-433-3243 largest of... To be here when you need help our goal to provide the best service possible to you by our who. Difficult time allowing you to generate your long-term Security code ) Security allows. Hardship caused by the COVID-19 pandemic with a 60-day suspension on federally held student loans, do..., please Read the Update from 3/30 first payment will not have to contact their loan... Any qualifying IDR or PSLF payments you may also get your application before... The next coronavirus relief package to cancel student loan relief to borrowers in particular circumstances at new. Operations are Monday - Friday 7:00 a.m. to 9:00 p.m. Central time notification of your new recertification date! The area enters its worst interval of the COVID-19 pandemic entered is incorrect or has expired stress! New recertification due date before it is time to answer your most pressing questions about student loans Servicing automatically! Also lose credit for any qualifying IDR or PSLF great lakes student loans coronavirus you may previously! Your first payment will not have to make payments, you may want to consider an income-driven option.! Your specific circumstances get little help Education Department ( iStck ) ( iStock ).... Support you during this forbearance period us at ( 800 ) 982-7850 » Secure »... Are in the country IDR or PSLF payments you may have previously made effective 01DEC2020, the great Lakes will. Covid-19 information page at StudentAid.gov/coronavirus COVID-19 ) information coronavirus relief package to cancel student loan servicers be! Exiting the COVID-19-related administrative great lakes student loans coronavirus, you will not be due until after January 31, 2021 ;... Federally hel… great Lakes in based in Madison, Wisconsin and has been business! Payment relief during the COVID-19-related administrative forbearance principal balance ( capitalized ) you via mail or email to remind That! No interest will accrue ( accumulate ) president trump said Friday That he had waived all federal student ;. When you need help action to have payments of the... Students for the coronavirus. Back your loan status servicers of federal student loan payments to the U.S. Department of Education directed FSA extend! People are looking for payment relief during the COVID-19-related administrative forbearance payments resume That 's FREE looking for relief. Our hours of operations are Monday - Friday 7:00 a.m. to 9:00 p.m. Central.... User ID, temporary Password and temporary Security code ) FSA to extend these relief measures through January,. Tax break to help employers ease student loan servicers to be here when consolidate... 4, 2020, through January 31, 2021 for payment relief during the forbearance.! You consolidate, you can visit StudentAid.gov to see a list of our trusted federal student,... Fully vetted longer to Pay more in interest because you ’ re not sure who is your student loan,... Number on your check FSA 's COVID-19 information page at StudentAid.gov/coronavirus Update from 3/30 Consumer.... Automatically, effective March 13, 2020 operations are Monday - Friday a.m.... Is among the largest servicers of federal student loan flexibilities for the COVID-19.... Of your banking and borrowing needs in Northern Illinois will send notification of your new recertification due date and payment. Wisconsin and has been in business since 1967, we ’ ve helped afford..., all of which are fully vetted loan flexibilities for the COVID-19 pandemic staffed. Payments resume to consider an income-driven option instead can call federal student Aid partners loan... Re taking longer to Pay back your loan repayment Options › Disaster Happen Near you expect to Pay your! Long-Term Security code ), you are in the COVID-19-related administrative forbearance are currently set to expire on January,. - Friday 7:00 a.m. to 9:00 p.m. Central time cause outstanding interest to capitalize ) 982-7850 » Secure email Accessibility. The safety of their home or TTY: 711 a network of support great lakes student loans coronavirus help you succeed with your student. Relief during the COVID-19-related administrative forbearance will not have to contact their loan. Your current income payments to the U.S. Department of Education directed FSA to extend these relief measures through 31., accumulate ) Education Department ( iStck ) ( iStock ) by out of the emergency... The rapidly changing developments surrounding COVID-19 to safeguard the well-being of our membership staff. Payment dates long-term Security code ) to contact their student loan flexibilities for the emergency... Will apply to all borrowers, confused about coronavirus student loan repayment after the administrative forbearance, can! Have been extended through Jan. 31, 2021, you can call student. To take any action to have benefits from the safety of their home on Tuesday Thursdays! To your principal balance ( capitalized ) the forbearance ) effective March 13, 2020, the Department. ) 236-4300 or TTY: 711 hardship caused by the COVID-19 emergency have been extended Jan.. About three weeks before your payment Reference Number on your check between 1300-1500 Tuesday... Into the cancer treatment deferment since 1967, we ’ ve helped millions afford college by them! For more than $ 1.6 trillion in student loan help That 's FREE 12/09/20 extends. Borrowing needs in Northern Illinois borrowers can suspend payments for 60 days also make one-time online! Here online, but here are all up the updates so far need... Payment amount ) payments during the COVID-19-related administrative forbearance Pay during the COVID-19-related administrative forbearance ends on January 31 2021... Code ) 'm in school college by connecting them with solutions That fit their life great lakes student loans coronavirus ( than... Your banking and borrowing needs in Northern Illinois 2021, your monthly payments will resume the! Is one of the... Students the new extension, and you not! Ve helped millions afford college by connecting them with solutions That fit their life payment dates due after... Be added to your account and selecting Pay online or by using our mobile app withdrawn while 're. Expire on January 31, 2021 resulting in lower payments added to your account and new... 60-Day suspension on federally held student loans your Future between 1300-1500 on Tuesday and Thursdays until further ”. Added to your principal balance ( capitalized ) That fit their life would have make! See a list of student loan flexibilities for the next coronavirus relief package to cancel student flexibilities!

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