Student Loan Payment Resumption and PSLF Limited Waiver
Student Loan Payment Resumption and PSLF Limited Waiver

What You Need to Know About Student Loan Debt Relief

Federal student loan payments are scheduled to resume in January 2023, Public Service Loan Forgiveness is getting a lifeline and the Biden Administration has announced a plan for debt relief. The team at AccessLex Institute wants you to feel prepared and equipped to take advantage of these changes and that’s why we’ve created this online hub of free resources just for you. Feel free to attend online webinars, download checklists and worksheets and even schedule a one-on-one call with one of our Accredited Financial Counselors® if you have questions specific to your situation. And don’t forget to bookmark this page and check back frequently as guidance continues to emerge.

Webinars

Biden Administration’s Student Debt Relief Plan

How the Biden Administration’s Student Debt Relief Plan Impacts Law Students and Current Borrowers

The Biden Administration has announced a three-part student debt relief plan that outlines debt forgiveness for those who qualify, an extension of the payment pause, and a new income-driven approach with some tremendous benefits for borrowers. How do these provisions impact law students and those working in legal professions already? Attend this session for a brief overview of the plan, followed by a Q&A with an Accredited Financial Counselor® from AccessLex Institute.

Public Service Loan Forgiveness Limited Waiver

How to Benefit from the Public Service Loan Forgiveness Limited Waiver Opportunity

On October 6, the U.S. Department of Education (ED) announced a temporary change to Public Service Loan Forgiveness (PSLF). Through October 31, 2022, borrowers may receive credit for past payments that would not otherwise have qualified for PSLF. During this 30-minute webinar, we will walk you through what these changes mean for borrowers pursuing PSLF and discuss frequently asked questions about this opportunity.


Free Financial Coaching


Schedule a free 30-minute phone appointment with an Accredited Financial Counselor® to discuss your specific situation.

Federal Student Aid

Home | Federal Student Aid – Visit this site for the latest information and steps you should be taking to prepare.

Federal Loan Servicer Updates | Federal Student Aid – Find information about loan servicers that have announced plans to stop servicing federal student loans.

6 Ways to Prepare for Student Loan Repayment to Begin Again – Federal Student Aid

Public Service Loan Forgiveness Limited Waiver Opportunity | Federal Student Aid – The most up-to-date information on the Public Service Loan Forgiveness Limited Waiver, including frequently asked questions.

U.S. Department of Education

U.S. Department of Education Increases Servicer Performance, Transparency, and Accountability Before Loan Payments Restart | U.S. Department of Education – Read the official press release with the details of the new standards for student loan servicers (posted October 15, 2021).

Statement From Federal Student Aid Chief Operating Officer Rich Cordray Regarding Loan Servicer Contracts | U.S. Department of Education – The official press release describing the servicer move that will impact 5.6 million federal student loan borrowers (posted October 20, 2021).

Biden-Harris Administration Extends Student Loan Pause Through August 31

Income-Driven Repayment and Public Service Loan Forgiveness Program Account Adjustment

Consumer Financial Protection Bureau

Did you get a notice that your student loans are transferring to a new servicer? Learn more about what this means for you | Consumer Financial Protection Bureau (consumerfinance.gov) – Steps for borrowers being impacted by the FedLoan and Granite State servicer transitions from the Consumer Financial Protection Bureau.