The alert also provided more details regarding the timeline for the program first set out by the Biden-Harris administration in late September. It reminded borrowers that the application will open later in October and run until December 31, 2023. After a borrower submits their application, the Free Application for Federal Student Aid (FASFA) will determine the borrower’s eligibility and work with loan servicers to process relief.
For more updates and to receive an alert when the student debt relief application opens, the White House advises borrowers to sign up to receive official communications at StudentAid.gov/DebtRelief.