The U.S. Department of Education announced on September 29, 2026 that it was extending the enrollment window for its temporary 1% student loan interest rate reduction by three months. Borrowers who ...

A U.S. Department of Education sign is displayed outside of the agency's federal student aid office on June 3 in Washington, DC. Borrowers will be eligible to have their interest lowered by 1% on ...

Eligible borrowers can receive a 1-percentage-point reduction in their interest rate through June 30, 2028, by enrolling in automatic payments.

Federal student loan borrowers who enroll in automatic payments are now eligible for a larger interest rate reduction, but ...

Student loan borrowers now have until the end of 2026 to enrol in auto-pay and receive a 1% interest rate reduction, after ...