U.S. Department of Education Grants Interest Rate Benefit to More Than 47,000 Service Members

Today, the U.S. Department of Education announced that the office of Federal Student Aid (FSA) has retroactively waived interest on loans held by more than 47,000 current and former active-duty service members. This action was made possible by a data-matching agreement with the U.S. Department of Defense (DOD) that substantially improves access to a student loan interest-waiver benefit for many service members with federal student loans. 

Source: ed.gov

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