IDR PROGRAM CHANGES
On April 19, 2022, ED announced several changes and updates related to Income-Driven Repayment (IDR) plans to include adjustments to borrower accounts, several one-time loan forgiveness actions, and new policies. AES services commercially held Federal Family Education Loan Program (FFELP) Loans. If you wish to benefit from the recent changes you will need to consolidate your loans into a Direct Consolidation loan by the end of April 2024. For more information, please visit StudentAid.gov.