Student Loan Debt Relief
On August 23, 2022, President Biden announced a Student Debt
Relief Plan that includes one-time student loan debt relief
targeted to low and middle-income families. While the Student Aid
Commission does not play a role in the Student Debt Relief Plan,
we wanted to share where you can find more information.
At this time, legal challenges to the Student Debt Relief Plan
have put a temporary hold on any administration actions to cancel
debt while the case is being reviewed. Due to court orders
blocking the Student Debt relief program, the Federal Student Aid
Office is not accepting applications at this time. For more
information on the Student Loan Debt Relief plan, click here:
https://studentaid.gov/manage-loans/forgiveness-cancellation/debt-relief-info.
Additionally, the administration has extended the pause on
student loan repayment. Payments will resume 60 days after the
Department is permitted to implement the Student Debt Relief plan
or 60 days after June 30, 2023 if the litigation has not been
resolved. For more information on the student loan repayment
pause,
click here.
Should you have any questions, you may reach out to the contact
center agents of the Federal Student Aid Office at
1-833-932-3439.
Public Service Loan Forgiveness
The Public Service Loan Forgiveness (PSLF) is different from the
one-time student loan debt relief plan. This is a program for
those who work in public service in federal, state, tribal, or
local government, or for a non-profit organization. For more
information on the PSLF program,
click here. To apply with the help of the PLSF Help Tool,
click here: https://studentaid.gov/pslf/.
Student Loan and Borrower Resources
If you have any questions about your student loans, repayment
options, and your rights as a Student Borrower, the California
Department of Financial Protection & Innovation is available to
help: https://dfpi.ca.gov/backontrack/