The University of Hawaiʻi continues to learn about President Biden’s Student Loan Forgiveness Program. At this time, we would like to share the following information:
UH will continue to monitor details about the Student Loan Forgiveness Program. UH Financial Aid Office Staff do not have your specific loan repayment information. Students are encouraged to reach out directly to their student loan servicer for details specific to their loan and their situation.
In an effort to eliminate the negative effects of default for borrowers who defaulted on their federal student loans prior to the pandemic payment pause, the U.S. Department of Education enacted the Fresh Start initiative program. This initiative may enable some borrowers with defaulted federal (Title IV) student loans to regain Title IV HEA federal student aid eligibility.
The Department of Education will release further information regarding the Fresh Start program, and they advise that those interested ensure that their loan holders have their up-to-date contact information, as further information will be communicated through there.
For more information, please refer to the Fresh Start Initiative.