The Trump administration announced it will extend the deadline for federal student loan borrowers to sign up for autopay and get a reduced interest rate. A new autopay perk could lower federal student loan rates and trim monthly payments. Key points and original sources are listed below.

• The Trump administration announced it will extend the deadline for federal student loan borrowers to sign up for autopay and get a reduced interest rate.S1

• A new autopay perk could lower federal student loan rates and trim monthly payments.S2

• The Department of Education extended the 1% student loan auto pay discount deadline to December 31, 2026, with nearly 2 million borrowers enrolled. com/">The College Investor.S3