Federal Student Loan Due Date?

federal student loan

Talk of the pandemic emergency measures soon ending has grown louder lately. As someone with federal student loans, I have not been looking forward to the end of the student loan payment pause with glee.

So last week when I received an email from Nelnet stating that my student loans were transferred to them from Great Lakes, I was not amused. And rather agitated to be quite honest. This signaled the beginning of the end.

When I registered my account and looked at the inbox, I assumed there would be a letter stating that payments would resume within the next few months. But that was not the case.

From what I saw on my account and pictured above, no payments are due until September 20, 2024. At first I thought it said September 2023. I was happy to have a few months more than I thought to start the payment process again. Then I looked again and saw that it said 2024 not 2023. Huh? 2024?

I must have read the date about twenty times before I believed it. Actually, I’m still not sure I believe it. There must be some very interesting conversations happening behind the scenes for this to be the correct date. Or someone made a very large typo.

Right now, President Biden’s student debt relief plan is still in the hands of the Supreme Court. If the Court strikes down his current plan, then based on the payment due date, maybe he will go in another direction. All I can do is speculate, but that later than expected due date gives me a bit of hope.

If you have a federal student loan, do you have the same payment due date?

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