The Biden administration confirmed Wednesday morning that it has extended the federal student loan payment pause through Aug. 31, 2022, saying in a press release that this extension will allow for a “responsible phase-down of pandemic relief.”
This extension gives federal borrowers an additional four months of no required payments and no interest charges and marks the sixth time the forbearance period has been extended since it was established in March 2020.
Borrowers will receive ‘fresh start’ on repayment
