Working together, even when apart
Alverno is here for you during this challenging time. Whether you're a current student
or a prospective one, a faculty or a staff member, a parent or an alumna, we're all
navigating this together. And we're doing it the best way we know how — in #AlvernoStrong fashion.
Coronavirus Information HomeOnline Library ResourcesStudent Resources
Prospective StudentsStudent FAQFaculty FAQStaff FAQ
Students are strongly discouraged from coming to campus. This will help to minimize the potential for transmission of
the COVID-19 virus.
The federal government is providing student loan relief to borrowers during the COVID-19
What does this mean?
- All borrowers with federally held student loans will automatically have their interest
rates set to 0% for a period of at least 60 days.
- Borrowers also have the option to suspend their payments for at least two months to
allow them greater flexibility during the national emergency.
- This will allow borrowers to temporarily stop their payments without worrying about
How do I apply for this relief?
- Borrowers should contact their loan servicer online or by phone. Any borrower who
has experienced a change in income can contact their loan servicer to discuss lowering
their monthly payment.
Should I continue making payments if I’m able?
- Some borrowers may want to continue making payments, like those seeking Public Service
Loan Forgiveness (PSLF) or those enrolled in a repayment plan with a manageable monthly
- For borrowers continuing to make payments, the full amount of their payment will be
applied to the principal amount of their loan once all interest accrued prior to the
president's March 13 announcement is paid.
- The Department will work closely with Congress to ensure all student borrowers, including
those in income driven repayment plans, receive needed support during this emergency.
For more information, visit studentaid.gov/coronavirus and ed.gov/coronavirus for more infomration.