This is a stressful time for anyone to take out a loan, especially for students. Here’s what you need to know about interest waivers during the pandemic: 

1. Payments for most federal loans are suspended through September 30.
2. A suspended loan counts toward potential forgiveness.
3. You can continue making payments if you want to.
4. Most collection methods are suspended through September 30.
5. Some private loan companies are offering relief to borrowers.