As you may have heard, the United States Supreme Court issued a decision blocking the Biden Administration from moving forward with their one-time student debt relief plan.
This means that all Federal Direct Loan payments paused during COVID-19 will resume in October 2023!
The team at Student Financial Aid want to make sure all UW–Madison students, alumni, faculty, and staff with federal student loans are well equipped, so here are a few trusted resources to help you get ready…
Federal Student Aid
- Prepare for Student Loan Payments to Restart (For borrowers that had been paying prior to the COVID-19 payment pause and will be restarting their payments)
- Repaying Student Loans for the First Time (For borrowers that will be entering repayment for the first time since the COVID-19 payment pause began)
Ascendium Education Solutions and their Repayment Support Team
A partner of UW–Madison, they can answer your federal student loan questions, navigate repayment, and help you find and implement an affordable repayment plan. Because there are scams and fraudsters taking advantage of students, we want to make sure you know Ascendium is a trusted and FREE resource for you.
Monday through Friday, 8 a.m. – 4:30 p.m. CT