2022 Federal Student Aid Debt Relief Plan
Federal Student Aid Loan Forgiveness Plan
Federal Student Aid and the Biden-Harris Administration have announced a Federal Student Aid Loan Forgiveness Plan of up to $20,000 for prior Pell-Grant recipients and up to $10,000 for all other loan borrowers. To be eligible, borrower’s annual income must be below $125,000 (individuals) and $250,000 (married couples/head of households).
Borrowers can view their loan balances and check their Pell Grant status by logging into their Federal Student Aid account. Please visit the Federal Student Aid debt relief announcement for the most up-to-date information.
The Department of Education has so far just announced this plan. Further details will come. You can view the White House Fact Sheet to learn more about why this plan was announced.
The Financial Aid Office is more than happy to answer any questions you may have, however the most up-to-date information is available from the resources listed on this page.