Student Loan Borrowers Risk Losing RAP Benefits with Late Payments

Federal student loan borrowers on the new Repayment Assistance Plan (RAP) can lose key benefits if their payments are even one day late, emphasizing the strict on-time payment requirement.

12 Jul, 13:30 — 12 Jul, 13:30

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cnbcMostly Factual30d ago

Student loan borrowers on new RAP plan can lose key benefits if they pay even one day late

The new Repayment Assistance Plan, or RAP, offers benefits to federal student loan borrowers — but only if their bill is paid on time. Here's what to know.

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Student Loan Borrowers Risk Losing RAP Benefits with Late Payments

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Student loan borrowers on new RAP plan can lose key benefits if they pay even one day late

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