Student Loan Relief Available

Posted March 20, 2020

The New Jersey Higher Education Student Assistance Authority (HESAA) is offering assistance to those who need help making regular payments to NJCLASS student loans due to a diminished income.

Those directly impacted by COVID-19 can apply for NJCLASS loan relief for temporary disability or unemployment. Applications for these relief options are available at https://www.hesaa.org/Documents/Relief%20Options/Unemployment.pdf and https://www.hesaa.org/Documents/NJCLASSTempDisabilityForm.pdf

In addition, NJCLASS borrowers can apply for financial hardship relief. To assist individuals financially impacted by COVID-19 mitigation measures, who are not eligible to receive unemployment or temporary disability assistance, HESAA is requesting borrowers supplement their financial hardship application with a statement explaining how the impact of the COVID-19 virus response has caused their financial hardship. HESSA will review these applications with greater flexibility considering the impact of COVID-19.

The NJCLASS loan application for financial hardship relief is available at
https://www.hesaa.org/Documents/Relief%20Options/Financial%20hardship.pdf

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