Interest on all federal loans is calculated on a simple daily basis. The Department of Education’s web site includes detailed information to help borrowers understand interest rates on federal student loans.
COVID-19 Advisory!
On Friday, March 27th, Congress passed the ‘‘CARES Act,’’ emergency legislation intended to meet urgent public health and economic needs in the face of the coronavirus crisis. Please visit our blog for the most up to date information on what this will mean for student loan borrowers.
Get updates via email
Get Answers
- Apply for Student Debt Cancellation Today!
- Do I qualify for the PSLF limited waiver?
- Student Loan Payment Pause Extended through August 31, 2022, Loans Removed from Default: What Borrowers Need to Know
- Student Loan Payment Suspension Extended through May 1, 2022: What Borrowers Need to Know
- If Payments Resume and Child Tax Credit Benefits Expire, February 1st Will Mark a Fiscal Cliff for Millions of Households in All 50 States
- Over 323,000 Borrowers to Receive Automatic Student Loan Discharge! Are You Eligible?
- Student Loan Payment Suspension Extended through September 30, 2021: What Borrowers Need to Know
- What Would Student Loan Cancellation Mean to You?
- ICYMI: President Trump Vetoed Congress’s Bipartisan Vote to Repeal Department of Education’s 2019 Regulations
- More Dream Center Students Can Now Get Closed School Discharges
Recent Posts
Quick Help
Please Note
Please understand that we do not provide legal advice about individual cases. This web site includes links to other resources for those who seek individualized legal advice or other help not offered here. This site is for people who already have student loans and want to know more about their options and rights.
Disclaimer | Copyright © National Consumer Law Center, Inc., All rights reserved.