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LSS Financial Counseling Offers Guidance to Student Loan Borrowers

Web posted September 6, 2022
Due to the COVID-19 pandemic, the federal governmental put a pause on federal student loan  payments — also known as a forbearance — beginning with the passage of the federal CARES Act in March 2020. Forbearance has since been extended through December 31, 2022.

With student loan payments resuming in 2023, LSS Financial Counseling can assist student loan borrowers with understanding their repayment options—at no cost to them. Because each individual has a unique situation, we work to develop the best solution for making payments achievable and getting back into good standing if someone has defaulted on a loan.

LSS Financial Counseling’s Student Loan Counseling Service is available to all Minnesotans, free of charge. To set up a phone or virtual appointment, call 888.577.2227, email lssfinancialcounseling@lssmn.org or visit lssfinancialcounseling.org/studentloandebt.

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