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What you need to know with the federal student loan payment freeze ending Aug. 31

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After more than three years, the pause on federal student loan payments will end on Aug. 31. Interest will start accruing again on Sept. 1. The first payments will be due in October.

VIEW ALL PHOTOS FILE - New graduates line up before the start of a community college commencement in East Rutherford, N.J., May 17, 2018. This summer, millions of Americans with student loans will be able to apply for a new repayment plan that offers some of the most lenient terms ever.

 

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