Varnum (Michigan): CARES Act Relief for Borrowers of Eligible Federal Student Loans

Relief for borrowers of student loans owned by the U.S. Department of Education (eligible student loans) for a period of at least 60 days was previously announced by executive order on March 13, 2020. The Coronavirus Aid, Relief and Economic Security Act (CARES Act) replaced this executive order and expanded upon that relief to offer borrowers no interest and no payments on eligible student loans for a period of six months, among other benefits. MORE.

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