Biden-Harris Administration’s Student Debt Relief Plan

Posted: August 30, 2022

By: Student Financial Services


Federal Student Aid and the Biden-Harris Administration have announced loan forgiveness plans 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). If the U.S. Department of Education doesn’t have your income data – or if you don’t know if the U.S. Department of Education has your income data, the Administration will launch a simple application in the coming weeks. Borrowers can view their loan balances and check their Pell Grant status by logging into their Federal Student Aid account online at studentaid.gov.

Please visit Debt Relief Announcement for the most up-to-date information.

If you would like to be notified by the U.S. Department of Education when the application is open, please sign up at Subscriptions | U.S. Department of Education.