Financial Aid

Loan Forgiveness

In August 2022, the Biden-Harris Administration announced student loan debt relief for eligible borrowers.

This loan cancellation program is far-reaching and will allow for up to $10,000 or $20,000 in debt relief to many student loan borrowers. At the same time, the U.S. Department of Education also continues to manage many targeted, ongoing loan forgiveness programs directed at specific populations.

While UC will not be involved in your application for loan forgiveness, we will provide links here to assist you in making application for debt relief with the U.S. Department of Education as information is made available.

With the recently announced student debt cancellation, a new wave of scams has already begun trying to gain access to personal and financial information. The Federal Trade Commission (FTC) and U.S. Department of Education (ED) remind borrowers to be on alert.

This debt cancellation program does not have a fee, and borrowers never have to pay for information or pay to sign up for any federal loan forgiveness program. Additionally, borrowers will not receive calls or texts about this program. ED emails will come from the following addresses:  noreply@studentaid.gov, noreply@debtrelief.studentaid.gov, or ed.gov@public.govdelivery.com.

Report any suspicious activity to the FTC.


Information Websites

The following resources can guide you with information on the far-reaching debt relief program announced in August 2022:

  • U.S. Department of Education (ED) Press Release – Key information of final loan pause extension and targeted debt cancellation.
  • ED Website Explaining Debt Relief Plan – Basic information with ongoing updates as the process develops.
  • White House Fact Sheet on Student Loan Relief – Biden-Harris Administration outline of 3-part plan to assist student borrowers.
  • ED Website to Review Your Loan Debt and if You Were a Pell Grant Receipt – Borrowers can log in to their personal account at studentaid.gov to review their current student loan debt as well as see if they had previously received the Federal Pell Grant.
  • ED Website on Loan Repayment Restart Following COVID Pause – All borrowers with remaining loan balances should review information on the restart of repayment after several years of pause so as to avoid default or other issues.
  • Sign up for Updates from ED – Provide your email to sign up for Federal Student Loan Borrower Updates as well as other ED programs.
Monitor information at studentaid.gov to ensure you understand your role in applying for debt relief and important timelines related to the process.
 
While debt relief may be afforded qualifying students, borrowers should continue to view all loans taken or received as assumed debt subject to repayment. Families have no guarantee such forgiveness will be granted or remain in place when they are in repayment until such determination is made for them following formal application with the Department of Education.  

Applications for student loan debt relief will be made with the U.S. Department of Education.

Federal Student Aid Website:  studentaid.gov

Federal Student Aid Information Center: 1-800-4FED-AID (1-800-433-3243)

Please work with the Department or your federal loan servicer to understand loan repayment, debt relief processes, and your role in applying for or receiving student debt relief.