The President Biden Administration has announced a Student Loan Debt Relief Plan that includes student Loan forgiveness. Please contact your loan servicer for more information. If you do not know who your loan servicer is, please contact the Federal Student Aid Information Center at: 1-800-433-3243.
For more information, please visit: https://studentaid.gov/debt-relief-announcement/
The U.S. Department of Education also announced that they extended the Student Loan Repayment Pause through December 31, 2022. If you have any questions about this e-mail, please contact our Financial Aid Administrator, Gregory Mathews, at [email protected] or 414-319-7581
“We are thrilled in President Bidens, Loan Forgiveness Plan. Most salon and spa professionals loans from attending school will be removed based on what we know. 75% of students who Attend The Institute of Beauty & Wellness apply for financial aid and 60-65% are Pell Grant recipients. The Student Loan Forgiveness Plan will clean the slate for most of our hard working professionals and allow them to focus their resources on raising their families and making investment into homes and other long term investments. This is great news.”