Student Loan Resource Center
The federal student loan payment pause that has been in place since the beginning days of the COVID-19 pandemic is ending. The Department of Education announced that interest will resume and statements will start going out in September 2023, with payments coming due in October 2023.
Because of this change, many people will need to make budget adjustments. As an Alcoa Tenn FCU member, you have access to free resources and counseling from our partners at Greenpath Financial Wellness to help you make a plan.
Here are a few resources that you can use to prepare for payments to start back up:
- Action Steps to Take with Your Student Loans: Now that protections are ending and student loan payments are resuming, it is time to take steps to help you move forward and get ahead in your financial planning.
- Aligning Priorities Online Course: A useful tool for prioritizing your expenses and identifying what changes may need to be made to fit student loans in.
- Financial Wellness Articles: Information, tools and tips for managing finances, getting out of debt, improving your credit and more.
Worksheets and Guides: Use the Budgeting Worksheet, Aligning Priorities Workbook, and Steps to Take with Your Student Loan Guide to plan student loan repayment steps.
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