LogFAQs > #939574201

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Topic	Can somebody explain to me the CARES Act?
xp1337 05/22/20 10:45:32 PM #2:	uh that's not what cares does at all if i recall correctly. Federal student loan payment was suspended for six months and applied it retroactively to March (and interest will not accrue for these six months). If you paid after March 13 I think you could request a refund but actually paying off tuition is... not something that happens under CARES afaik. like the debt is still there there's just a six month period where payment and interest is suspended --- xp1337: Don't you wish there was a spell-checker that told you when you a word out? <cite>xp1337 posted [p:939574201] in Can somebo... [t:78712120]...</cite> <quote>uh that's not what cares does at all if i recall correctly. Federal student loan payment was suspended for six months and applied it retroactively to March (and interest will not accrue for these six months). If you paid after March 13 I think you could request a refund but actually paying off tuition is... not something that happens under CARES afaik. like the debt is still there there's just a six month period where payment and interest is suspended --- xp1337: Don't you wish there was a spell-checker that told you when you a word out?</quote> ... Copied to Clipboard!
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