Assistance Programs: US Federal Students Loan Debt Relief

In August 2022, it was announced that the Biden/Harris administration had a plan to provide student debt relief to eligible borrowers. This was done to give working and middle-class Americans more of a financial cushion.

Who’s Eligible?

Anyone who has most federal (direct or other loans held by the US Department of Education) and income for 2020 or 2021 is either:

  • less than $125,000 for individuals
  • less than $250,000 for households

If you are a dependent student, your eligibility is based on your parent’s income.

What You Might be Eligible For

You will be eligible for up to $20,000 in debt relief in you received a Pell Grant in college

You will be eligible for up to $10,000 in debt relief if you didn’t receive a Pell Grant in college.

How It Will Work

In October 2020, the US Department of Education will launch a short online application for student debt relief. You will not need to upload supporting documents or use your FASFA in order to submit your application.

Once you submit your application, the US Department of Education will review it and determine your eligibility for debt relief. After that, they will work with the loan servicer to process debt relief. They will contact you if they need any additional information.

What Happens Next?

Right now, you need to do nothing. I will update here when the sign-up period for student debt relief opens.

Be careful of Scammers

It is very possible you will be contacted by a company saying that they will help you get your loan discharged, forgive, canceled or relief for free.

You will NEVER have to pay to receive help with your student loans. Make sure you only work with the US Department of Education and their loan servicer.

NEVER share your account or personal information with anyone.

Emails from them will come from, or

I will update as more information is released


email from the U.S. Department of Education

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