Hello SJCL Alumni,

I want to provide you with an update to what I know so far regarding the suspension of interest and payments on your federally held student loans. Click here for a question and answer section on the student aid website.

If you are on PSLF or on an income driven plan, these suspended payments count toward your minimum number of required payments for forgiveness. You may want to continue making your payments as they will go toward the principal balance during this time. This is not required, however.

All servicers were given the date of April 10, 2020, to have all the changes put into place. You may have already noticed that your interest has been set to zero, depending on your servicer. There may also be more information on your servicer’s website that is specific for their clients.

If you have any questions please don’t hesitate to send me an email.

Stay Safe,
Lisa Nilmeier
Director of Financial Aid
lnilmeier@sjcl.edu