{"id":37078,"date":"2025-10-21T14:28:48","date_gmt":"2025-10-21T14:28:48","guid":{"rendered":"https:\/\/financialrush.com\/?p=37078"},"modified":"2025-10-21T14:28:48","modified_gmt":"2025-10-21T14:28:48","slug":"student-loan-help-during-government-shutdown-what-to-know","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=37078","title":{"rendered":"Student loan help during government shutdown: What to know"},"content":{"rendered":"

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Fotostorm | E+ | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n

Visit Studentaid.gov for many services<\/h2>\n
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At the Education Department’s Studentaid.gov, student loan borrowers can take many steps on their own, including applying for a new repayment plan or a loan consolidation and requesting debt cancellation, said higher education expert Mark Kantrowitz.<\/p>\n<\/div>\n

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Read more CNBC personal finance coverage<\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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Those pursuing Public Service Loan Forgiveness can still submit the form to verify their employment and get a pretty quick count of their qualifying payments, Nierman said. PSLF allows certain not-for-profit and government employees to have their federal student loans scrubbed after 120 payments.<\/p>\n

But most loan forgiveness is on hold for now, she said, as the Education Department’s staff has to approve those requests.<\/p>\n<\/div>\n

Try your loan servicer for most requests<\/h2>\n
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You can likely get most of your questions answered with your student loan servicer, Nierman said.<\/p>\n

“Loan servicers are government contractors and have funding to keep operating during a shutdown,” Nierman said. “Billing, payments and processing of certain applications, such as forbearance and deferment, should continue as normal.”<\/p>\n

If you don’t know which company is managing your student loans on behalf of the Education Department, you can find out at Studentaid.gov<\/a>.<\/p>\n<\/div>\n

Other options for student loan help<\/h2>\n
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Borrowers can look for organizations and nonprofits in their area that help people with student loan-related issues, consumer advocates said. For example, in New York, there’s EDCAP<\/a>.<\/p>\n

At the national level, there are groups like The Institute of Student Loan Advisors<\/a>, a nonprofit offering advice and dispute resolution assistance.<\/p>\n<\/div>\n<\/div>\n\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Fotostorm | E+ | Getty Images Visit Studentaid.gov for many services At the Education Department’s Studentaid.gov, student loan…\n","protected":false},"author":3,"featured_media":37079,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-37078","post","type-post","status-publish","format-standard","has-post-thumbnail","category-investing","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/37078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37078"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/37078\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/37079"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}