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Student Loan Resources
On July 9, 2025 the U.S. Department of Education announced it will restart interest accrual for borrowers with loans in the Saving on a Valuable Education (SAVE) Plan on August 1, 2025. For more information, see the U.S. Department of Education's press release (Trusted Partner Link).
Are you having issues with your student loan servicer? The Bureau of Consumer Credit Protection is here to help. Maine's Student Loan Ombuds can help borrowers resolve disputes with their loan servicer and make sure they are in compliance with the law. All student loan servicers in Maine must obtain a license from the Bureau. Check a license at NMLSConsumeraccess.org (Trusted Partner Link)
- Frequently Asked Questions (FAQs)
- Maine Student Loan Bill of Rights
- Student Loan Resource Materials and Links
- Tips to Avoid Scams
- File a Complaint
- How to Open a Student Loan Case with Congress
Are you a resident of a state other than Maine and need help with your student loans? CLICK HERE (Trusted Partner Link) to find out if your state has a student loan ombudsman.
Student Loan News
- 8/4/2025: Upcoming Statutory Changes to Federal Loan Repayment Plans
- 7/9/2025: U.S. Department of Education to Restart Interest Accrual
- 3/27/2025: U.S. Department of Education Opens Revised Income-Driven Repayment Plan and Loan Consolidation Applications for Borrowers
- 1/13/2025: U.S. Department of Education Approves Group Discharge for 73,600 Borrowers Who Attended a Center for Excellence in Higher Education School and Will Receive Over $1.15 Billion in Student Loan Discharges
- 12/23/2024: U.S. Department of Education Announces Borrowers Can Now Apply for Additional Income-Driven Repayment Plans