New Stimulus Bill Student Loan Interest

However that particular relief has already expired. Use your 600 stimulus check to pay off student loans the new stimulus package includes a 600 stimulus check for each individual taxpayer with an adjusted gross income of 75 000 or less or a. The stimulus bill expected to be approved by congress on monday won t extend the freeze on payments and interest for federal student loan borrowers.

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Politico and other outlets are now reporting that the new stimulus bill will not include an extension on student loan relief.

New stimulus bill student loan interest. Cbs news millions of americans breathed a sigh of relief monday night as congress passed a 900 billion stimulus bill that includes 600 checks and expanded unemployment benefits. Congress did include student loan relief in the first stimulus bill. Other democrats have proposed pausing federal student loan payments until at least.

Congressional help isn t necessary. According to business insider the new stimulus bill alters the federal pell grant program for the upcoming school year by allowing a maximum grant amount of 5 435 per student per year. Two weeks ago a new stimulus package proposal would have extended student loan relief through april 30 2021.

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