Latest Compliance News

New student loans updates

02/04/21

Author: ADP Admin/Thursday, February 4, 2021/Categories: News

We’ve made several important updates to the ADP® Wage Garnishments COVID-19 updates site that you should know about. The changes follow the Jan. 20, 2021 memorandum signed by President Biden to request the suspension of student loans past Jan. 31, 2021, in response to the COVID-19 pandemic.

Note: Some details provided on this site are not applicable to all ADP wage garnishment products.

What you need to know

The U.S. Department of Education (DOE) Office of Federal Student Aid website confirms the suspension of student loan payments until Sept. 30, 2021. For more details, please refer to the Student Aid site.

During this time, we will continue to return payments addressed to the DOE until further notice.

We are closely monitoring all developments, and we will be updating our client microsite as more details become available from the DOE.

This information and other updates are available at ADP Wage Garnishments COVID-19 Updates.

We hope you find this information helpful. If you have additional questions, please contact your dedicated Service Team.

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