SAVE Plan Ends — 7.5 Million Borrowers Receive 90-Day Notices Starting July 1, 2026
SAVE Plan Ends — 7.5 Million Borrowers Get 90-Day Notices Starting July 1, 2026 | StatewiseFinance Updated: June 10, 2026 | Sources: Dept. of Education · The College Investor · TISLA · Tate Esq. · NASFAA · StudentAid.gov SAVE Plan Ends — 7.5 Million Borrowers Get 90-Day Notices Starting July 1 What the notice means · IBR vs. RAP · What happens if you ignore it · Action guide Starting July 1, 2026, federal loan servicers will begin mailing 90-day notices to all 7.5 million SAVE plan borrowers ordering them to choose a new repayment plan. Borrowers who ignore the notice will be auto-enrolled into Standard or Tiered Standard Repayment — potentially the most expensive option available. Here is exactly what you need to know and do. This affects YOU if: You are currently in the SAVE plan or SAVE administrative forbearance. Starting July 1, 2026, your servicer will mail a 90-day notice. If you do not respond within 90 days of receiving the notice, you will be au...