Johnnygreig | E+ | Getty ImagesInterest will start accruing in SeptemberAlthough federal student loan payments won't be due until October, interest will continue collecting on your debt again on Sept. 1, the Education Department says.
The accrual of interest has been suspended on most federal student loans since March 2020.
You can contact your loan servicer or log in to StudentAid.gov to learn your exact due date, said higher education expert Mark Kantrowitz.
Recent graduates, meanwhile, may get even more time if they're still in their grace period, Kantrowitz said.
For example, loans will not go into default and delinquencies will not be reported to credit reporting agencies, Kantrowitz said.
Persons:
Mark Kantrowitz, they're, Kantrowitz, Grace
Organizations:
Education Department
Locations:
StudentAid.gov