Trump Administration Offers 1% Federal Student Loan Rate Cut for Autopay Through June 2028
Federal student loan borrowers who enroll in automatic payments will receive a 1% interest-rate reduction starting July 1, under a temporary Trump administration program scheduled to run through June 2028.
The offer will reduce rates for millions of borrowers using automatic payments. Borrowers who are not already enrolled in autopay can sign up to receive the reduction on their federal student loans.
From the sources (3 posts)
@cointelegraph🇺🇸 LATEST: The Trump administration will offer federal student loan borrowers a temporary 1% interest rate reduction for enrolling in autopay through June 2028.
@abcStudent loan rates are about to go down by 1% for millions of borrowers enrolled in automatic payments.
@fafsa📣Student loan borrowers📣 Starting July 1, if you're enrolled in auto pay, you will receive a 1% interest rate reduction on your federal student loans! Sign up today to take advantage of this limited time offer. Learn more: