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Education Department extends deadline for student loan interest rate discount

  • Posted on September 29, 2026
  • By CNBC
  • 1 Views
  • 1 min read
In brief

The Trump administration has extended the enrollment deadline for federal student loan borrowers seeking to benefit from reduced interest rates through automatic payment enrollment. This policy extension provides additional time for borrowers to take advantage of the autopay discount program, allowing them to lower their monthly payments and overall loan costs. The decision aims to increase participation in the initiative and help more Americans manage their student debt more effectively.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Education Department extends deadline for student loan interest rate discount
Education Department extends deadline for student loan interest rate discount

The Trump administration announced it will extend the deadline for federal student loan borrowers to sign up for autopay and get a reduced interest rate.
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Author
CNBC

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