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Student Loan Update: Borrowers Face Deadline to Secure Lower Interest Rates

Borrowers who enroll in autopay by Sept. 30 will get a temporary 1-point interest-rate cut, while existing users keep a smaller reduction.

Summary by Newsweek
Eligible borrowers can earn a 1 percentage point interest rate reduction if they enroll in automatic payments by September 30.

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Student loan update: Borrowers face deadline to secure lower interest rates

Eligible borrowers can earn a 1 percentage point interest rate reduction if they enroll in automatic payments by September 30.

·New York, United States
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Business InsiderBusiness Insider
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Student-loan borrowers have 1 month to enroll in a temporary repayment benefit

Student-loan borrowers can enroll in autopay by September 30 to receive a 1-percentage-point interest-rate reduction for 2 years.

·New York, United States
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Business Insider broke the news in New York, United States on Tuesday, September 1, 2026.
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