If you’ve taken out federal student loans, important updates from the U.S. Department of Education may impact your next steps. Take a few minutes to visit StudentAid.gov to:
- Update your contact information
- Check your loan status
- Explore which repayment plan is right for you.
New tools and support options are now available to help make repayment easier to manage. These include enhancements to income-driven repayment (IDR) plans, which can lower your monthly payments based on your income. Many borrowers who enroll in IDR plans can now opt-in to have their income automatically updated each year, saving you time and paperwork.
ACC is Here to Support You
Austin Community College District (ACC) is committed to helping you understand your loan options and stay on track.
ACC partners with Trellis, a nonprofit that helps borrowers manage repayment and avoid default. Additionally, you can access free financial coaching through Foundation Communities, a local organization that supports individuals in building strong financial habits.
If you’re currently enrolled part- or full-time at ACC, you may qualify for in-school deferment, which allows you to postpone loan payments while you’re in school. ACC automatically reports your enrollment each semester, but it’s a good idea to confirm your status with the financial aid office just to be sure.
You can learn more at austincc.edu/loanrepayment.