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This web center was created to keep NASFAA members and the financial aid community updated on pertinent news related to FAFSA Simplification updates. Check back often as this page is updated regularly.
Days before the student loan repayment pause was set to expire, President Joe Biden announced on Aug. 24, 2022 that he is canceling $10,000 in student loan debt for millions of borrowers. Following months of legal challenges, the Biden Administration’s one-time debt relief program was blocked by the Supreme Court in a decision handed down on June 30, 2023. With student loan repayment resuming in October 2023, the Department of Education announced that it will pursue implementing debt relief initiatives through the negotiated rulemaking process. NASFAA has compiled the following resources for members and will continue to update this page as more guidance becomes available.
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