COVID-19 Student Borrower Resources

The situation for student loan borrowers is rapidly changing as our nation responds to the global coronavirus pandemic. On this page we have gathered resources that you can use to make sure that you have all the tools needed to manage your student loans in this time of economic turmoil.

What’s happening and what can I do?

Our partners at the Student Borrower Protection Center have put together everything borrowers need to know about the suspension of student loan payments under the Coronavirus Aid, Relief, and Economic Security (CARES) Act – including about how this payment suspension interacts with income-driven repayment plans and Public Service Loan Forgiveness – as well as other tools to help you manage your debt.

Student Debt Repayment During COVID-19: FAQ

AFT members don’t have to navigate this landscape alone. AFT offers Summer, an on-line student loan management platform, as a free member benefit. Find out more here.

Get it in writing…

Our partners at the National Student Legal Defense Network have created templates for communicating with your servicer to ensure that you are receiving the student loan relief you are entitled to under the CARES Act.

Letter to Servicer: Template Regarding Borrowers Who Want to Continue Making Payments

Letter to Servicer: Template Regarding Borrowers Who Want a Full Refund

Need someone to explain Income-Driven Repayment and other loan management tips?

 

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