Federal student loan interest has started accruing again. Here’s what you need to know
NEW YORK (AP) — Interest on federal student loans has started accumulating again after a three-year pause because of the COVID-19 pandemic. Borrowers still have at least another month before they’ll need to start paying back your loans, so don’t panic if you’re on of them. The first step is to log in to your StudentAid.gov account and check who your loan servicer is. Once you know that you can check account details and find out what your payments will be. If you don’t think you can afford them, you can research income-driven repayment plans.