Student Loan Relief Announced


ICYMI: Financial relief options have been expanded for District residents who are struggling to pay private education loans due to the coronavirus (COVID-19) public health emergency. The initiative, launched by the District and several states, will provide qualifying District residents with loan forbearance and other financial protections.

Relief options include providing a minimum of 90 days of forbearance; waiving late payment fees; ensuring that no borrower is subject to negative credit reporting; ceasing debt collection lawsuits for 90 days; and working with borrower to enroll them in other borrower assistance programs, such as income-based repayment.

To get details on federal loans and services, visit the US Department of Education’s National Student Loan Data System at, or call Federal Student Aid Information Center at 1-800-433-3243 or 1-800-730-8913 (TDD). Borrowers with private student loans may check the contact information on their monthly billing statements.