Student Loan Forbearance 2024 Extension. Student loan forgiveness for save plan and idr remains in limbo for now. Learn about student loan forbearance options and how to apply for temporary relief from payments.

In general, it takes at least 60 days to process a direct consolidation loan application and to disburse the new loan. Due to the payment count adjustment, past periods of repayment, deferment, and forbearance might now count toward your idr forgiveness.