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✉news BusinessPersonal Finance first seen 6 h ago, last 1 h ago, peak #21

Student loan autopay interest rate discount deadline extended

Federal student loan borrowers who set up autopay to receive an interest rate reduction have been given more time, as the deadline for the discount has been extended. The autopay discount typically lowers borrowers' rates slightly, and the extension gives those who had not yet enrolled additional time to sign up before the change takes effect.

Why now: Borrowers are eager to lock in the interest rate discount before the original deadline passes, and the extension gives them more time to act.

student loan borrowersfederal student aid

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